It says here Players talking of $60 million luxury tax threshold
View Single Post
09-05-2004, 07:00 PM
Join Date: Sep 2003
Originally Posted by
If every other team had the same payroll limits, they wouldn't be able to offer that much more than the original team. There would be more incentive for the player to stay with his original team.
Contrast that to now, where teams like Toronto, New York and Detroit could offer a superstar $10 million, which is really a slam-dunk incentive for players like Holik, Hasek, etc... to leave their original teams.
You're right, the main reason for a salary cap isn't to enable each team to make a profit. It's to enable each team to hold on to its players--if they want to stay.
View Public Profile
Find More Posts by Corey