The FFA and PFA have announced a two-year extension to the agreement governing relationships between the A-League, clubs and players
There will be gradual rises to the salary cap in the A-League for the next two seasons as the Football Federation Australia and Professional Footballers Australia met in Sydney on Monday to announce an extension to their collective bargaining agreement.
Clubs will be permitted to spend a total of AU$2.5 million for the 2013-14 season, with that cap to rise to $2.55 million for the 2014-15 campaign as the popularity of the competition continues to grow.
A-League chief Damien de Bohun, PFA Special Counsel Brendan Schwab and PFA President Simon Colosimo announced the two-year extension on Monday, with an increase to the minimum wage to $50,000 a season also a highlight of the deal.
The ability for clubs to sign two marquee players remains, while the requirement of employing a minimum of three home grown players per club has also been retained.
De Bohun said the new agreement was a positive sign as to how much the league had grown in recent years.
"First and foremost I wish to congratulate all involved on reaching an outcome that will continue to grow the game in this country," he said.
"Our goal is to ensure the Hyundai A-League is a sustainable competition that continues to attract a high calibre of player and is entertaining to fans new and old.
"We have made great strides over the past two seasons in growing the game but we must remain vigilant to ensure that we continue our momentum by ensuring a sustainable financial future for the game.
"FFA and all 10 Clubs are committed to ongoing investment in player wellbeing and development programs in the interest of both current and future generations of players."
Colosimo echoed De Bohun's sentiments and thanked his fellow players for their role in negotiations.
"The players' vision for the negotiations was to achieve economic security for the three key stakeholders that make the A-League possible for the fans: FFA, the Clubs and the players," he said.
"This agreement goes a long way towards achieving that goal.
"Employment as a professional footballer is often short-term and precarious. FFA's $2 million plus investment in career programs to be run by the PFA will help ensure that every player who plays in the A-League leaves the game as a better person and ready to transition into life after football.
"FFA's investment will also be supplemented by the Socceroos under their CBA and FIFPro, the world players' union, enabling the PFA to invest over $4 million over the next two years in player wellbeing, development and representation."
The new A-League season kicks off on October 11 with a clash between Sydney FC and the Newcastle Jets at Allianz Stadium.