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It includes raises of 3percentt a year for three years.
The union, the Professional Staff Congress, said the accord includes raises totaling 9.5percentt for 11,000 full-time and 9,000 part-time professors.
It includes raises of 1percentt in the second year, 1.75percentt in the third year and 2percentt in each of the last two years.
Stern also announced that the league had reached agreement with its referees on a four-year contract next season that includes raises of roughly 10percentt per season.
The new four-year contract, which includes raises averaging 43 percent and bigger retirement contributions, covers those who came from United as well as pilots who flew for Continental before the carriers merged in 2010 into United Continental Holdings.
The college called its offer fair, noting that it includes raises of more than ten percent over four years for most teachers and staff (after a one-year wage freeze), as well as health benefits and free tuition for employees and their families.
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This includes raising foreign awareness of the Russian language and culture to help burnish Russia's image abroad.
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