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LeafsForLife

Lifelong Leafs Fan
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28 sept. 2020
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Maple Leafs de Toronto
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In my opinion, the salary cap imbalance is the biggest challenge facing the NHL. Welcome to your new future where each of the panthers, lightning, knights, and stars have an extremely high chance of reaching the conference finals, and if you’re Canadian, go f yourself. This year, next year, the next, and the next. Meanwhile, franchises that actually make money are then paying into profit sharing while paying 20% more for each player contract. Every July 1st and trade deadline will be centric to the income tax free states, as most players seemingly want the benefits more than not.

The hard salary cap is an extremely valuable thing to the ownership groups.

Since it is skewing the parity between teams due to differences in taxation, lifestyle, the salary cap is actively making the league one-sided, the opposite of the public facing function of the salary cap. The thing that is thought of to exist to create parity is doing the opposite. The actual purpose of the cap is solely to reduce player compensation. Parity is not the goal or the actual result. It is the justification to suppress wages. It won’t exist if its justification collapses.

The owners will either address this fast or they’ll lose the hard cap. The league is already playing in a college stadium. I don’t think they can afford this path. I predict the nhl is bankrupt within 4 years of removing the hard cap. One offseason with a luxury tax is fine, maybe two. But greed and fomo by the 3rd will set so many precedents that 2/3 of the teams will have no viable financial path forward by the 4th.