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Originally Posted by naurutger
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People are missing the point if they think the lockout is because owners are handing out fat contracts and can't control themselves. There is a minimum cap floor teams are required to spend to, possibly the best example I can think of being Florida last year: they had to spend a lot of money to get to floor and probably not all spent that efficiently.
Most owners are going to do what they can within the CBA rules to ice a competitive team. The current cap and spending structure means unless you're a top tier revenue team you'll have to run your franchise at an operating loss to do so. The owners goals for a new CBA are somewhat akin to negotiating an armistace so more teams can be both competitive and profitable at the same time.
Even if the owners won every single goal in a new CBA there will still be owners signing players to huge contracts next summer.