The Race to the Bottom - Rebuild Thread.
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01-27-2013, 10:57 AM
Join Date: Jan 2013
Originally Posted by
In 8 years Kova will be 37 years old and a new CBA might be on the line and guess what will happen if a crap ton of these organizations have backed themselves into a world of sht, thanks to those contracts?
You don't think the majority of owners are going to have the power to correct this?
Seeing how they could be the majority in 8 years?
Is a 6.6m cap hit going to hurt all that much in 8 years, given cap inflation?
It will be interesting. I expect a lobby for a "get out of jail card" from those owners who are royally screwed by having the "cap recapture" contracts....but there will be many more against it. Unless Toronto gets suckered in to one of these contracts (think Luongo), I would wish no relief to be forthcoming
Regarding inflation in the cap hit, this is often wheeled out by certain fans (think Canuck fans wanting to get rid of Luongo) as to why this should not be so much of a problem. No one can predict the future economics, but ask your typical well run company what they think of defined benefit pension plans.
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