The first item of business the two sides will have to address is the old agreement.

No one seems to recall it ever being used, however the old agreement remains in force.

There you are, after all this, talking about the old agreement; that's buried long ago.

All the new grants are in direct violation of the old agreement.

The old team did not have to do that under the old agreement.

The 22 players earning the $1 million exception would most likely have been making much less under the old agreement.

Under the old agreement, players had to wait five years to become free agents a second time.

The old agreement expired at the end of last year.

But under terms of the old agreement, July 1 is the first day that teams can sign free agents.

Now each studio has its own home video arm - but they've kept the old agreement.