The Minnesota Orchestra board has made another contract offer to its locked out musicians as it tries to end an 18-month contract dispute.
The Pioneer Press reports that the offer made by the orchestra is the fourth contract proposal placed in front of its musicians. The three year proposal would offer an average annual salary of over $104,000 per musician and would include a $20,000 signing bonus.
That offer will expire at noon on Monday.
A Star Tribune report says money for the bonuses would come from the Carlson Family Foundation, 14 other Minnesota foundations and the community group SOS: save osmo.
Music Director Osmo Vänskä said they need musicians rehearsing by the end of the month to prepare for concerts at Carnegie Hall in November. He says if those concerts are cancelled, he will resign.
Musicians have been locked out since Oct. 1, 2012 after rejecting a contract proposal that would have cut base salaries by 32 percent, an offer made over the summer to cut the base by 25 percent was also rejected, and musicians said a third proposal which was not made public, was not materially different from the second offer.
According to a press release from the board the contracts will still result in a 3.6 million dollar deficit over three years for the orchestra.