NHL raises salary cap to $70.2 million for next season
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06-28-2012, 05:07 PM
Join Date: Jun 2007
Location: Hockey Mecca
Originally Posted by
The only way the cap is going up is if the owners are making more money.
The cap accounts for 57% of leaggue revenue, so every time the cap increases the owners make MORE money. That includes the Habs.
- Ticket prices are going up every year.
- US Dollar is going down every year.
- There's no longer any revenue sharing being pumped into Atlanta.
Geoff Molson smiles every time the cap goes up.
You should also add to your list: - New big contract with NBC.
People have a hard time to grasp this concept. It's a business, and usually succesful businesses expect growth year in, year out. So it was quite inevitable that they would chose a regulation/sharing system that would expand with the revenues themselves.
The cap will never go down without the salaries doing the same, or else the system itself becomes unbalanced.
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