The National Lacrosse League and the Professional Lacrosse Player's Association announced an agreement on a new one-year Collective Bargaining Agreement on Wednesday.
The terms for the agreement were negotiated during a bargaining session held in Buffalo, NY last week. The two sides have also agreed to continue negotiating on a long-term CBA for the 2014 season and beyond.
Last month, the league's Board of Governors unanimously elected to opt out of the final two seasons of the prior CBA. The recently completed 2012 season was the fifth year of the prior agreement that was agreed to prior to the 2008 season. That agreement had provided for either party the right to opt out of the final two years of the 7-year agreement.
The league is expected to release the 2013 season schedule in early September.