I didn't post this yesterday in light of all of the hulabaloo about the Fire's goalkeeping situation, but I thought it was worth passing along regardless.
MLS announced the details of the new Collective Bargaining Agreement on Tuesday. Some of the more important details include the following provisions:
- All players over the age of 24 and with three years of MLS service will have guaranteed contracts.
- The salary cap increases from $2.315 million per year to $2.55 million per year. There will be a 5% increase in the salary cap every year after for the duration of the agreement.
- There will be a Re-entry draft for players who are out of contract. The exact specifics are still being worked out, but the draft will include players who have had their option not exercised, who have had their contract terminated, and who have had their contract expire.
- There are now limits in place as to how many times a player can have his option exercised within the duration of a particular contract. The limits are: 2 options for a player over 25 and with 4 years of MLS service and 3 options for everyone else.
- Finally, the minimum salary for a senior player has increased from $34,000 to $40,000.
For the full details of the agreement, click here.