Orchestra leaders said that ratification of the new contract is pending by both parties -- the Chicago Federation of Musicians and the orchestra's board of trustees. The agreement would be for a three-year contract and would take effect retroactively Sept. 17.
The orchestra said that all previously scheduled performances are proceeding as planned. A concert on Saturday was abruptly canceled when negotiations between management and the union fell through.
The strike came as a surprise to many in the
On Saturday, representatives of the union rejected the orchestra's proposal for a three-year contract. The orchestra said at the time that its last offer would have made its members "among the best-compensated in a U.S. orchestra."
Music Director Riccardo Muti is scheduled to lead a concert Wednesday night. The orchestra plans to travel this fall to New York and Mexico.