Musicians with the world-renowned orchestra went on strike at midnight Monday, saying they aren't being paid fairly.
Tuesday morning, Orchestra spokesperson Howard Landau told Channel 3 News that a tentative deal has been reached. Now that agreement must be ratified by the musicians and the board.
The Musicians' Union and management of The Cleveland Orchestra reached a tentative agreement for a new three-year contract through September 2, 2012.
The agreement calls for a two-year wage freeze through August 2011, followed by semi-annual wage increases of 3 percent and 2 percent in the subsequent year.
In addition, the musicians will donate up to 10 services, which will provide cost relief and additional revenue for the Musical Arts Association.
Musicians will increase their medical premium contribution beginning in July 2011.
The agreement was announced by the Musicians' Committee Chairman, Jeffrey Rathbun, and the Orchestra's Executive Director, Gary Hanson.
Rathbun said, "We are very happy that management has heard our message and agreed not to further erode our base compensation allowing us to stay as competitive as possible with the marketplace. We look forward to working together to build our base of support and continue our tradition of excellence."
Hanson said, "Both sides worked effectively through a difficult process to reach an unprecedented agreement that will do much to help the Association's finances going forward. I am very grateful for the Musicians' passion and abiding concern for the Orchestra's artistic excellence."
Upon ratification, the agreement will bring to an end a strike by the Union representing the musicians, Local 4 of the American Federation of Musicians.
The short strike caused the postponement of a scheduled Residency by the orchestra at Indiana University. The Orchestra's Miami Residency performances will proceed as scheduled.