NEW YORK -- The National Lacrosse League salvaged its 2008 season by agreeing to a new collective bargaining agreement with the Professional Lacrosse Player's Association.

The league announced last week that it was canceling the upcoming season after the two sides failed to settle on terms.

The seven-year deal will run through the 2014 season, the longest labor deal in the 22-year history of professional indoor lacrosse. The league's previous three-year agreement with the PLPA expired after the 2007 season.

"Reaching a long-term collective bargaining agreement with the players was our No. 1 priority in this process," NLL commissioner Jim Jennings said in a statement. "We've been building positive growth in the league over the past few years. Securing long-term labor peace puts us in a position to take our league to the next level."

A new schedule for the 2008 season is expected to be announced next week.

Information from The Associated Press was used in this report.