The Illinois Harness Horsemen (IHHA) posted on its website the following in regard to the impasse between the IHHA and Balmoral Park and Maywood Park that has precluded live racing from getting underway in 2014:
We have failed to reach an agreement with the racetracks so the IHHA has agreed with the IRB's suggestion to enter into professional mediation with the racetracks.
That process is time consuming so today we are proposing a temporary contract while the process of mediation begins. The terms of the temporary contract are simple: the 2013 contract gets extended until mediation ends.
We have $5.5 million in our account so the five to eight weeks that the mediation process would take only dents the account. Then, we adjust purses and contracts accordingly.
If the tracks are truly interested in conducting live racing, they will accept this offer as it poses absolutely no risk and begins the season. (IHHA)