MLS offers to extend contract instead of cutting player pay

(Reuters) - Major League Soccer (MLS) on Tuesday offered to extend the terms of the current collective bargaining agreement (CBA) by two years instead of cutting player salaries to cope with anticipated losses in 2021 because of the COVID-19 crisis.

MLS avoided a lockout in June when the players ratified a CBA that included a 5% pay cut to player salaries but last month the league invoked a clause to renegotiate the agreement with the union, giving both sides 30 days to strike a deal.