Major League Baseball and its players association agreed on a new collective bargaining agreement on Wednesday, beating a midnight deadline to ensure five more years of labor peace. The deal, which must still be ratified by owners and players, would extend through 2021, MLB said in a statement, adding that both parties "continue to draft the entirety of the agreement". Baseball saw eight work stoppages in the prior 24 years, including the damaging 232-day players' strike that wiped out the 1994 World Series and delayed the start of the 1995 season.
