Although comprehensive details in the form of the final agreement language won’t be available for a few weeks or more, some aspects of the new agreement have been made public. Based on information included in a press statement, here’s what can be discerned:
- Length: 9/2009 (retroactive) – 8/2011; or the 2009/10, 2010/11, and 2011/12 seasons.
- Compensation: Freeze for the first two years, then a 3% raise in the first half of 2011/12 and an additional 2% raise in the last half.
- Musicians will not have increased medical insurance premiums (this point was updated @ 9:12am CT).