Five-year collective bargaining agreement awaits approval
ST. LOUIS -- Bud Selig and Donald Fehr sat in the center of a dais, flanked by players and owners. For the second time in four years, they were proclaiming labor peace. "The last agreement produced stunning growth and revenue," Selig said. "I believe that five years from now people will be stunned how well we grew the sport." The five-year collective bargaining agreement, which runs through the 2011 season, is subject to ratification by both sides. The deal makes relatively minor changes to the previous agreement and doesn't alter baseball's drug rules. "This is the golden era in every way," Selig said. "The economics of our sport have improved dramatically, and that's good. That, after all, made for a more wholesome atmosphere. We didn't have to quarrel about a lot of things. So overall, it was a very, very important part of the environment that continues peace."

