MLS announces first ever labor agreement
April 15, 2005 - Major League Soccer (MLS) News Release
NEW YORK - Major League Soccer (MLS) today announced the ratification of the first Collective Bargaining Agreement (CBA) in League history by the MLS Players Union. The Agreement will run through the 2009 MLS season. The ratification marks approval of the agreement reached between the League and Union leadership in November. Among the highlights of the CBA are a rise in players' minimum salary, a newly established player 401(k) retirement plan, increased incentive bonuses and a mutual commitment to taking a leadership position against substance abuse and performance-enhancing drugs in professional sports.
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