Major League Soccer and MLS Players Association have come to terms on a new Collective Bargaining Agreement.

The new deal will last 5 years.

"As we prepare to celebrate our 25th season, we are very pleased to finalize a new five-year Collective Bargaining Agreement with our players. This agreement addresses key strategic priorities for the league and our players while also retaining the basic player compensation structure that has been the foundation for the growth and stability of Major League Soccer," said MLS Commissioner Don Garber.

Some new agreements include an increase in average salary, a decrease in Targeted Allocation Money, a share of the league's new media starts in 2023 and 2024, and charter flights.