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MLB owners unanimously ratify labor deal

MLB, MLBPA Announce New Labor Agreement

NEW YORK, NY - NOVEMBER 22: Major League Baseball Commissioner Bud Selig speaks at a news conference at MLB headquarters on November 22, 2011 in New York City. Selig announced a new five-year labor agreement between Major League Baseball and the Major League Baseball Players Association. (Photo by Patrick McDermott/Getty Images)

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There was no dissension in the ranks of MLB ownership, as the new labor deal was approved by all 30 owners in a conference call Thursday.

The MLBPA ratified the agreement back on Dec. 1, so the deal is now essentially official, though the labor contract itself is still being drafted.

The agreement is good for five years and lasts through 2016, meaning baseball will be working on a streak of 21 years of labor peace when it’s time to start haggling again.