Operating in the Era of a Falling Salary Cap
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06-21-2009, 07:34 PM
Join Date: Jun 2003
Location: Gardnerville, NV
I believe the salary cap could drop....but as has been stated in this thread it is directly related to league wide revenues....which have yet to be determined.
Does anyone know how many people in San Jose are going to renew their season seats yet?
How about in Atlanta?
This is all speculation based upon the economic climate....but there is really no way to make such a bold proclamation about how much the salary cap will drop.....yet.
As for contraction of the league......The cap was set up to give every team in the league the ability to be successful and make a profit...but the problem is that some teams do not follow the economic advice given by the NHL....if a team created a payroll that was 55% of their own revenue they would be able to at least break even....the problem is that most of the teams exceed their own 55% limit and by pushing the league set cap usually end up pushing 60-65% of their revnues go to fund their player salaries.
If the owners and GM's cannot keep their internal budgets within reason it is their own fault....not that of the league.
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