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11-12-2012, 12:59 PM
  #442
Monctonscout
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Quote:
Originally Posted by HCH View Post
Revenues aren't profits.

Generally speaking profits are revenues minus expenses. They may have had record revenues but they likely had record expenses as well. In addition, those record revenues were concentrated in the hands of a very few teams meaning that many teams lost money.

Perhaps the "median" revenue rather than the "average" revenue should considered when calculating the cap. That would eliminate a lot of the distortions that occur when you use averages.
those are great points, because of the 57% and cap floor, Toronto Montreal and NYR making huge revenue actually hurts small markets because it raises their biggest expense, players' salaries as the cap floor and average player's salary goes up.

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