May 9, 2023, 04:46 PM ET

NEW YORK -- Major League Baseball and the players' association finalized their collective bargaining agreement through the 2026 season on Tuesday, 14 months after reaching a memorandum of understanding for a deal that ended a 99-day lockout.

The agreement, which expires at 11:59 p.m. EST on Dec. 1, 2026, runs 426 pages, up from 359 in the deal that ended on Dec. 1, 2021.

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This year's agreement took nearly twice as long to draft and finalize as the 2016-21 deal, which needed seven months, 29 days.

MLB and the union failed to draft a final agreement after their 1985 strike settlement, operating through 1989 on their 1980 collective bargaining agreement as modified by their 1981 strike settlement and the 1985 memorandum of understanding.