A Salary Cap Primer
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09-29-2003, 04:40 AM
Join Date: Jan 2003
Location: New and improved in TO
Originally Posted by
Yes, I will go on record saying those numbers are fact, for two reasons....
1) If the PA did agree to a cap, then it would quickly be determined what the actual league revenues are and those revenues would be made public.
Incorrect. The NBA CBA went the other route, hiding player salaries instead of opening the books. There is no requirement for a public accounting of team revenues in this kind of salary cap scheme, only that 'designated' revenues (as distinct from total revenues or anciliary profit advantages) be shared with representatives of the players' union.
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