Minimum wage being revenue sharing is quite absurde. If that's the case then please take the 200 million sharing pool off the table on the owners side and just say that the CAP itself is revenue sharing.
I suggest you take sometime to do some reading on the subject:
http://en.wikipedia.org/wiki/Minimum_Wage. The goal is to provide income equity between industrial sectors not flatten the wages between workers, as the PA would want NHL teams to do between them.