Baseball in 5-year labor deal

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ST LOUIS -- Major League Baseball has reached a five-year labor agreement with the players' association that ensures uninterrupted play through the 2011 season, commissioner Bud Selig announced on Tuesday.

The agreement is the longest in baseball history and guarantees baseball will have gone 16 years without a strike or lock-out.

Selig said baseball's economic boom in recent years made this "baseball's golden age," and led to less rancor between owners and the Major League Baseball Players' Association.

The current contract was set to expire on Dec 19.

More than 76 million fans attended major league games this season, setting an attendance record for the third straight year, and produced $5.2 billion in revenue, Selig said.

Baseball had eight work stoppages from 1972-95, the last of which was a 7-_ month players' strike that forced the cancellation of the 1994 playoffs and World Series.
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