Players will now consider the ACA's recommendation that this agreement with Cricket Australia be supported.
After a 10-month negotiation, the ACA and Cricket Australia (CA) have agreed to an MOU with:
The parties have agreed that the 2012-2017 'adjustment ledger' will not be rolled over into the new deal but will rather be expended in accordance with its current design.
Furthermore, all uncontracted players will receive full 'Back pay' to July 1, 2017, once the full MOU is completed (expected early September). Any player therefore still requiring financial assistance can contact the ACA.
ACA President Greg Dyer said the ACA was pleased to recommend to the players that the deal struck with CA should be accepted.
"The ACA is delighted for the men and women who play the game now and in the future.
"And for the game of cricket which will continue to benefit from the partnership model which has served cricket so well.
"The new MOU is a great achievement for the players and the game.
"Like anything worthwhile it's been hard to achieve.
"But what has been agreed is ground breaking for Australian sport.
"One MOU for men and women, the maintenance of the partnership model, and record investments for grassroots cricket is what we wanted and it's what has been achieved.
"The men and women have been rewarded for sticking together and for having the courage of their convictions. They have made history and created a legacy for generations of players to come.
"In particular I want to acknowledge the sacrifice of the Australia A Team which demonstrated the depth of the resolve of the players to support each other.
"We also congratulate the players who have bravely made the case in the public domain. It will be important that they are respected for having the courage of their convictions.
"There is also a reality to confront. Yes, we've arrived at a great place but the game must never again take this same route.
"The players did not choose this route and did not enjoy being on it. In fact, the players resented it deeply. This was not a fight the players started. The players defended themselves as is fair and as is their right," President Dyer said.
ACA Chief Executive Alistair Nicholson said the sticking point had been the issue of revenue sharing.
"We fought hard for revenue share because we know it has worked well and will continue to do so.
"To have retained the revenue sharing model and increased the level we have and ensure that men, women, domestic and international players receive a fair share is great news for the players and for the game.
"It's right that all players, men and women will be partners in the game because that's a fair outcome. It ensures a game with all parties pulling in the same direction.
"Success in this negotiation for the ACA was achieving revenue sharing for all players, gender equity, fair remuneration increases, greater input on scheduling and more grassroots investment.
"We have achieved those things and on that basis we recommend to the players that the deal be accepted.
"I pay tribute to all of the players for their resolve. Enduring uncertainty and unemployment has been very difficult. They are terrific young men and women who have been rewarded for their determination.
"I especially congratulate Steve Smith, David Warner, Meg Lanning, Alex Blackwell and all ACA Delegates for their outstanding leadership. They led the players in this process and prevailed.
I applaud all 300 players for showing such resolve and unity. They have achieved an historic outcome for each other and for the game of cricket," Nicholson said
1.A partnership based on revenue sharing
2.Inclusive of all men and women players
3.Inclusive of all domestic and international players
4.A fair share of gross revenue
5.A gender equity pay model
6.Fair increases in remuneration for all players
7.Maintenance of the adjustment ledger
9.Back pay for players should the MOU Expire
10. No roll–over of the existing adjustment ledger
11. Higher investment into grassroots cricket
12. Focus on need for CA cost cutting
13. Greater input into cricket scheduling
14. Greater control/visibility over player IP
15. Greater collaboration on retirement income scheme design
16. Keeping the IPL Window open
17 Keep the ACA Strong
18. ACA to have even stronger and deeper ties with the players