Owner-Player meeting only, no Bettman or Fehr (UPD: 12/4 in NYC)
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11-30-2012, 02:30 PM
Join Date: Mar 2010
Location: Peg City
Originally Posted by
If NHL wants to keep 30 teams they will have to get rid of the cap floor. What's the point signing over-the-hill, overpaid players to reach the cap floor figures ?
On the othert hand, keep the cap ceiling at 70 million for the next 10 years. If richer concessions want to spend that much, So be it !
The cap floor is necessary to acheive the % of HRR nature of salaries (with as little headahe as possible). If there was no cap floor at the end of the year when the calculations were done, it would be very easy for the owners to have spent very little on salaries overall. They would then be required to pay back the players enough to equate it to 50% of HRR (or whatever it is).
The revenue sharing mechanism is in place to allow teams with low revenue enough funds to spend to teh floor.
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