MLS and the MLSPU late last night announced that they had reached an agreement on terms of a new CBA. The new deal, which covers five years through the '19 season, ensures the league starts the season on time tomorrow. The deal will now allow for limited free agency based on age and experience, a first for MLS, as well as a raise to the minimum salary, the two most highly contested issues in the process. Further details on the agreement, as well as a press conference, are expected today, but the following are highlights of the agreement:

• Free agency for players 28 years old or older, with at least eight years experience.
• Player compensation through free agency is capped at fixed percentages based on former salary.
• Minimum salary of $60,000, increased from the current minimum of $36,500.
• Increase in overall team salary budget.

adidas today reported a "significantly wider" Q4 loss, "capping a tough year" for the company. adidas said that its net loss for the period ending Dec. 31 was $155.1M (all figures US), compared with a loss of $11M in Q4 '13. The company "blamed the loss on higher input costs, negative currency effects and goodwill impairment losses" of $86M, "largely related to the deterioration of the Russian ruble." adidas also registered a $91M loss "related to the sale of its Rockport unit." Q4 sales rose 6.5% to $5.5B (WSJ.com, 3/5).

The NBA and Facebook COO Sheryl Sandberg are partnering on a new phase of her Lean In movement, "Lean In Together," which "encourages men to support women in their lives at work and at home." The league today will debut a PSA featuring Chris Bosh, Stephen Curry, Al Horford, Kyle Lowry, LeBron James, Russell Westbrook and WNBA players Sue Bird, Swin Cash, Elena Delle Donne and Skylar Diggins (USA TODAY, 3/5).

Arrow Electronics has agreed to serve as primary sponsor of Schmidt Petersen Motorsports' No. 5 car, which will be driven by James Hinchcliffe in the '15 Verizon IndyCar Series. The deal is being formally unveiled today during Arrow's Internet of Things Immersions tour event in San Jose. This is Hinchcliffe's first season with SPM after driving the last three years with Andretti Autosport (THE DAILY).

The Miami-Dade County Commission voted this week to offer Miami Beckham United a "site near Marlins Park" for a potential MLS expansion team's venue. The commission also "designated Mayor Carlos Gimenez to negotiate a deal" with David Beckham's representatives. The Little Havana site "has come up before and been rejected by the Beckham group, which in recent months has been pursuing the possibility of building a stadium on a half-dozen privately owned sites" (South Florida SUN-SENTINEL, 3/5).

Organizers of the Almaty, Kazakhstan, '22 Winter Games bid today said that they will save more than $500M "through several changes in their venue plans." The city said that it "has made its bid 'more efficient' and 'more affordable' in line with IOC reforms aimed at giving organizers more flexibility and reducing the cost" of the Games. Organizers claim the changes will reduce their construction budget by more than $450M and their operations budget by more than $100M (AP, 3/5).

The trial over the Super Bowl XLV seating debacle heads into Day Four in Dallas, and the Cowboys' responsibility for the incident "could be an issue that team owner Jerry Jones will be required to address in person." U.S. District Judge Barbara Lynn said that she was "leaning toward letting Jones be called as a witness." NFL Commissioner Roger Goodell in a video deposition played yesterday said that he "wanted to meet with displaced fans" outside the stadium before the game, but league security officials "warned him against" such a move (DALLAS MORNING NEWS, 3/5).

The NFL Giants and the estate for Lehman Brothers have “settled their long-running dispute over a soured interest-rate swap tied to the financing” of MetLife Stadium. Lehman sued Giants Stadium LLC in '13, claiming it was owed $100M "under the swap" (WSJ.com, 3/4).

Orlando City SC announced that it will be selling 2,000 additional standing-room tickets to Sunday’s inaugural MLS season-opener against NYC FC at the Citrus Bowl. The team has already distributed 60,000 tickets for the game (ORLANDO SENTINEL, 3/5).

HBO Sports has entered into new multiyear agreements with boxing announcers Jim Lampley and Max Kellerman. The pair will continue to serve on multiple HBO Boxing platforms, including “World Championship Boxing,” “HBO Boxing After Dark,” and HBO PPV (HBO).

The WWE today is expected to announce that its SummerSlam PPV will be held at Barclays Center on Aug. 23 (N.Y. DAILY NEWS, 3/5).

The U.S. women’s national soccer team last night defeated Norway 2-1 in an Algarve Cup match in Portugal in what was G Hope Solo’s “first game since returning from a 30-game suspension” (N.Y. TIMES, 3/5).

“I will try to understand the pace of game and how it relates to young people wanting to become more of a baseball fan. I’m trying to understand that completely” – Cubs manager Joe Maddon, who met yesterday with MLB officials to discuss new pace-of-game rules (CHICAGO TRIBUNE, 3/5).

“We’re gonna work within rules of the game, but we’re gonna position ourselves so we can provide our student-athletes with reasonable, comparable and competitive resources” – Michigan State AD Mark Hollis, on the cost-of-attendance stipend (DETROIT FREE PRESS, 3/5).

"This is the highest-paying profession in the history of sports and they don't even have any federal regulations" – Mike Tyson, on the need for boxers to form a union ("Jimmy Kimmel Live," ABC, 3/4).

Last night’s 1:00am ET edition of ESPN’s “SportsCenter” led with Trail Blazers-Clippers, which was the lead-in to the broadcast, followed by 76ers-Thunder, Grizzlies-Rockets, Cavaliers-Raptors, the NBA Eastern Conference standings and Broncos QB Peyton Manning restructuring his contract. Last night’s 1:00am ET edition of FS1’s “Fox Sports Live” led with 76ers-Thunder, followed Grizzlies-Rockets, Pistons-Pelicans, Nuggets-T’Wolves, Cavaliers-Raptors, Bucks-Warriors and Manning’s contract.

ESPN’s Keith Olbermann called out his “world worst” persons in sports: Two roommates in N.Y. that “are trying to use Kickstarter to turn their apartment hallway into a Tonya Harding and Nancy Kerrigan 1994 museum.” Olbermann said, “They already have a few artifacts, although they really need a machine that plays Tonya’s ‘home movies’ on a continuous loop.” Olbermann also put on notice “every hockey person making a big deal out of the fact that the Florida Panthers almost had to use an emergency goalie” on Tuesday night, and “nobody does as much damage to soccer in this country” than the MLS owners with the current CBA negotiations.

The DETROIT FREE PRESS portrays Cavaliers Owner and Quicken Loans Chair Dan Gilbert as "a modern-day version of Muhammad Ali in his prime." He is a "supremely confident guy, given to making brash, over-the-top predictions – and usually delivering on them."

The Knicks are now 12-47, and NEWSDAY notes TV commentators Mike Breen and Walt Frazier "say they are determined even during blowout losses to keep their professional obligations in mind and serve those who are still watching."

Also:

• Erskine College condemns homosexuality despite openly gay athletes.
• ESPN Films profiles Mark Roberts, sports' most prolific streaker.
• A look at some of MLB's most decadent ballpark concessions items.
• How Curt Schilling deftly schooled a group of Twitter trolls.

Is this a false statement? Right now, the vast majority of players in MLS make more here than they would make overseas... #MLSCBA

— Jeff Bradley (@JerseyJBradley) March 5, 2015

Press release lands to inform us that Barcelona's impoverished footballers have received luxury watches as part of a sponsorship deal. Phew.

— Owen Gibson (@owen_g) March 5, 2015

At what point do the networks put pressure on the NBA to get rid of intentional fouls?

— Kevin Pelton (@kpelton) March 5, 2015

Yo, @espngolic: How many churro dogs could you eat over nine innings? http://t.co/PCMe8dEOvV

— Buster Olney (@Buster_ESPN) March 5, 2015

Last night’s “Final Jeopardy!” category was “Presidents and the White House.”

“When the current presidential occupant of the White House was born, this president was living there.”

Former Russian and NHL player Viacheslav Fetisov appeared on Comedy Central’s “The Daily Show With Jon Stewart” last night to promote the new documentary, “Red Army,” about the USSR hockey team. Host Jon Stewart said, “Hockey in the '80s and '90s really did stand in for both our countries as a kind of proxy battle of ideologies. I think we were one and two in that proxy battle. Did you feel that pressure as well in Russia?” Fetisov: “Yes, we grow up to dream about playing in the Olympic Games and represent your country.” Stewart asked, “Are you worried we’re going back to those days of more poisonous rhetoric between the two countries?” Fetisov: “The world is so fragile … and I feel it’s not going well. We should build more bridges between our countries.” Stewart said, “The two of us of together not only share our athletic prowess, but what’s beautiful about this film, you understand the human quality of the people behind the system, underneath the system. It humanizes it in a way.” Stewart then asked Fetisov to invite Russian President Vladimir Putin to appear on the show and said, “He doesn’t have to wear a shirt. He can do whatever he wants” (“The Daily Show With Jon Stewart,” Comedy Central, 3/4).

“Who was JFK?”