Updated March 10, 2022 at 4:48 PM ET

Major League Baseball and the MLB Players Association have reached a tentative agreement Thursday on a new collective bargaining agreement — paving the way for baseball's return on April 7.

The new collective bargaining agreement must be approved by both sides before it becomes official, according to MLB.com.

If that happens, the three-month lockout will be lifted and offseason training for players would resume. MLB spring training camps are expected to begin this Sunday.

So far, neither the league owners nor the players association have released official statements regarding the reported tentative agreement.

As a part of the new agreement, a full 162-game schedule would now be played. The four series that were previously removed from the gaming calendar would be rescheduled, according to MLB.com.

Teams would now have four weeks to hold spring training alongside finishing any off season business that needs to be handled.

Games that were previously canceled by the league are now tentatively "postponed," as it begins to adjust the original schedule of games, according to The Associated Press.

News of the lockout's tentative end comes after MLB Commissioner Rob Manfred announced Wednesday that the league would cancel more regular-season games because an agreement hadn't been reached.

The breakdown of negotiations between MLB owners and players has been ongoing since Dec. 2, 2021.

Part of the new collective bargaining agreement includes an increase in the minimum player salary to $700,000 from $570,500. The league's postseason will also expand from 10 to 12 teams.

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