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06-14-2004, 11:07 PM
  #13
Habbadasher
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In a perfect world, where economic realities ruled the day, the owners would be able to control themselves and a cap would not be necessary. But because certain owners have more money than they know what to do with, and they enjoy living vicariously through the accomplishments of their players, and don't mind losing 20 million or more a year, a cap is absolutely necessary. It is impossible for many teams to compete with those that don't mind losing money. Every major sport operates under some sort of cap, and you could argue that even labour unions operate under a cap (in the sense that they look at the bottom line of the employer and adjust their demands accordingly). The NHLPA doesn't seem to care how many teams loose money, and how many may fold because of their inability to ice an affordable and competitive team. This like cutting off your nose despite your face.

The Canadiens may have come close to the break even point this year, but many years the teams looses money, and that is not a situation that can continue indefinately. The team will eventually fold if it can not find a way to at least break even through the regular season.

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