The NLL reached a new seven-year agreement with the players' union.
The owners have proposed a seven-year agreement, with an adjusting tax system as their luxury tax.
Mr. Icahn signed a seven-year agreement barring him from buying more stock or making a takeover bid.
But he noted that Nynex had already frozen its basic rates as part of a seven-year agreement with New York State.
However, the negotiations continued, and on October 25, the league announced that a new seven-year agreement had been reached, and that the season would be played.
Major league owners have formally ratified the seven-year agreement negotiated between with the minor leagues, the baseball commissioner's office said yesterday.
It would also extend the salary cap through 1999, which was an uncapped year in the original seven-year agreement.
The current seven-year agreement expires at the end of June.
The existing seven-year agreement was to expire on Feb. 4, 1991 [see p. 37591].
Her company had just signed a seven-year agreement to triple its office space at six times the former monthly rent.