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09-10-2004, 12:23 AM
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Join Date: Oct 2002
Location: South Cackalacky
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Originally Posted by Stich
First of all, there was no mention of 100% taxation and considering their last proposal was a 10% taxation I really doubt it's anywhere near that.

Secondly, even if it WAS 100% it still would be an absolute joke of an offer.

A $50M CAP would be a cap at 75% of revenues... which is where the league is at now.
Your statement presents the red herring of making it sound like every team is obligated to spend the full cap amount. This isn't the NFL where every team spends the same amount on salaries every year. A cap or something similar at 50 million can work because it drags the biggest spenders down from the 65-80 range, and hence allows the smaller spenders to shave several millions off of their payrolls as well.

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