There’s an update on the year-long lockout at the Minnesota Orchestra.

The Orchestra’s board has announced it’s offering musicians a signing bonus of $20,000 if they will accept a contract that will reduce their base salary by 25 per cent over three years.

The money for the bonus came from a last-ditch fundraising effort.

The terms of the contract would see musicians’ base salaries drop from $113,000 to $85,000.

A spokesperson for the musicians complained that the board was making its offer public when mediator George Mitchell had told both sides to keep negotiations private.

Tuesday will mark the first anniversary of the lockout. Maestro Osmo Vanska says he needs the musicians in the rehearsal hall by Monday in order to begin the season and prepare for a series of dates at Carnegie Hall. Otherwise he will resign.