New 5 year agreement has been announced today by the league in a teleconference. The new CBA will give the players more money, improved quality of life for players, greater players' rights, and greater ability to move. For the first time ever, the majority of the players will have guaranteed contracts. For those that didn't know, Jimmy Conrad was on the Players Union's executive board. There will be some form of "reentry draft" for players who are out of contract and not picked up by their team. It sounds like it may be similar to the old MLB free agent reentry draft. The guaranteed contracts will be based mainly on the length of time in the league. A full release is coming later today. Bring on the season!