A Salary Cap Primer
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09-29-2003, 12:54 PM
Join Date: Mar 2002
Originally Posted by
But the point was that the percentage would not be based on total league revenues. Instead, the NHL and NHLPA would agree on which revenues the cap will be based on (i.e. gate revenue, luxury boxes, broadcasting, concessions, parking and sponsorship). If any team can find alternate revenue sources, or is able to shuffle the revenue elsewhere, then the total league revenues determined for cap revenues will be incomplete.
However that would be considered fraud. If the owners and players agree on a cap based on such revenues and the owners shuffle the revenue elsewhere, then they would be defrauding players by trying no to pay them their fair share. Now that would be a criminal offense...
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