According to the Inquirer, the "tentative settlement"‹neither side would go so far as to call it a "tentative agreement"‹came only after Street told musicians that management was prepared to lock them out, ending performances until they agreed to a new contract.

Street first intervened in the talks on October 20, convincing the two sides to extend their existing contract through October 31. When that deadline passed, they agreed to "stop the clock" at his request and continue talks.

The contract originally expired on September 20, on the eve of the orchestra's season-opening concerts. Musicians voted to authorize a strike at the time, but then agreed to a month-long extension.

Several of the nation's major orchestras were engaged in contracts talks this fall, but the Philadelphia Orchestra is the last to reach agreement. The musicians of the New York Philharmonic, Cincinnati Symphony, Cleveland Orchestra, and Chicago Symphony have all signed new contracts.