Having just completed a historic trip to Cuba, the Minnesota Orchestra announced new contracts Tuesday signaling a bright future for an organization that many had left for dead 18 months ago.
Music director Osmo Vänskä will stay until at least August 2019 while the orchestra's union musicians — who had been locked out for 16 months in a bitter contract dispute — ratified a deal through the end of the 2020 season.
"This has been a good week," said clarinetist Tim Zavadil, who headed the musicians' negotiating committee. "This is a real vote of confidence in this orchestra."
The total cost of both agreements will be $2.8 million, with most of that going to the musicians, said Kevin Smith, the orchestra's president and CEO.
The musicians' contract does not modify the January 2014 deal that cut salaries by 15 percent with small increases in subsequent years. The new agreement begins when the current contract — which ended the lockout — expires Feb. 1, 2017. Minimum salaries will increase from $1,967 per week in 2016-17 to $2,127 in mid-2020, an increase of 8.1 percent.
Financial terms of Vänskä's deal were not released. According to the orchestra's 2013 tax return, his salary was $936,346 before he resigned in protest over the lockout. He also accepted a 15 percent pay cut in the two-year contract he signed last spring.
Significant fundraising helped achieve the deals, approved Tuesday by the orchestra's board.
Former board chairman Douglas Leatherdale and his wife, Louise, gave $5 million over the next five years to create the Douglas and Louise Leatherdale Music Director Chair in honor of Vänskä. A gift of $1.5 million from Betty Jayne Dahlberg in memory of her late husband, Kenneth Dahlberg, will support the musicians' agreement.