What is the contract that documents the outcomes of collective bargaining negotiations called?

• A. Collective bargaining agreement
• B. Memorandum of understanding
• C. Employment contract
• D. Agreement to negotiate

Answer: (A)

The contract documenting the outcomes of collective bargaining negotiations is a collective bargaining agreement. It’s the formal, binding pact negotiated between a labor union and management (such as a sports league and its players) that sets the agreed terms for a defined period. This includes pay, working conditions, hours, benefits, and the procedures for resolving disputes, along with rules about things like discipline, grievance processes, and any league-wide policies. In sports, the CBA often governs salaries, salary caps, free agency, contracts, travel, and competition rules for the duration of the agreement, providing a legal framework for how players and teams interact. A memorandum of understanding, by contrast, is typically a non-binding document outlining points of agreement; an employment contract is an individual agreement with a single employee; and an agreement to negotiate is simply a promise to begin talks, not the terms that result from those talks.