It says here Players talking of $60 million luxury tax threshold
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09-04-2004, 07:36 PM
Join Date: Jun 2004
Originally Posted by
But under a hard salary cap, a player developing into a superstar on any team is not going to be able to stay. Lets say Calgary was $2 million under a cap right now. How could they resign Iginla, unless he was willing to take $5 million (and I know salries would go down in theory, but this is hypothetical) less to stay there? He would have to go to another team that had the available cap room.
They would have to make room on their roster or let him go. Or, if there is no other team that has room for him, then he would have to accept less pay. Or they could go over the cap at a steep penalty. Trust me, if there is a cap, the average salary will no longer be 1.8 million or whatever it is. More players will be making 6 digit salaries.
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