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11-13-2003, 06:41 AM
  #10
degroat*
 
Join Date: Jun 2002
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Quote:
Originally Posted by Richard
At this point, I think a main reason that the NHLPA is currently so opposed to a cap is because of the teams' lack of complete financial disclosure. Without verifiable, fair financial statements for all teams, as well as in depth interpretations of them, the NHL has its cost certainty, but there is no certainty whatsoever for the players and their salary limitations; the NHL gains complete control over salaries once again because THEY set the cap because ONLY THEY know what revenues (whether manipulated or not) really are.
You really couldn't be more wrong. When a cap is agreed on, the CBA will determine what exactly is included in the revenues. The owners will be required to report these accurately and they will have to sign the CBA agreeing to do so. Not doing so will result in fraud.

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