MLB’s short national nightmare is over. According to multiple reports (with Fox Sports’ Ken Rosenthal the first to break the news) and confirmed by MLB, the league and the MLB Players Association have finished negotiating a new collective bargaining agreement, just a few hours before the midnight deadline of Dec. 1. Had MLB and the players’ union not come to terms on a new CBA, the sport could potentially have gone into a lockout—the first in MLB since the 1994 strike that wiped out most of that season and the World Series. Instead, the two sides have agreed to a five-year deal that will extend labor peace through the 2021 season, giving baseball a quarter century of calm.