The Louisville Orchestra has put another offer on the table for musicians.The orchestra has not performed all year and the players and management remain at odds over the terms of a new contract. Today, management offered to enter binding arbitration with the musicians.Both sides would choose a member of the National Academy of Arbitrators who would help settle remaining conflicts on the size of the orchestra, the season length, the contract length, salary, benefits and non-compete terms. The management has agreed not to cut musician pay, though a shorter season would mean less money for the players.If the players do not accept the offer by next Friday, orchestra management says they will hire new musicians. A representative for the musicians says the group is still reviewing the offer.