NLL Opts Out of Final Two Years of Collective Bargaining Agreement
from press release
NEW YORK -- The National Lacrosse League has announced that the league's Board of Governors have unanimously elected to opt out of the final two seasons of the current Collective Bargaining Agreement (CBA).
The NLL currently intends to operate for the 2013 season under the terms for wages and conditions of the expiring CBA.
"Although we have opted out of the current agreement because the economic model does not serve our long term interests, the league remains open for business and committed to play the 2013 season", said NLL Commissioner George Daniel. "We remain ready, willing and able to bargain in good faith with the Player's Association on a new CBA."
The vote was taken earlier today at the annual NLL Board of Governor's Meetings, which are taking place in New York City.
The recently completed 2012 season was the fifth year of a seven-year agreement that was agreed to prior to the 2008 season. The agreement provided for either party the right to opt out of the final two years of the agreement (2013 & 2014 seasons).