I'm suprised that no one has picked up on this (or maybe someone has, I haven't read every post). The 55% trigger in the NHL's proposal makes it a foregone conclusion that the hard cap would be in place within a couple of full seasons. With the rollback, player salaries take up 54% of revenue. The NHL is comprised entirely of guaranteed contracts, and there is going to be a significant dip in revenue over the next few years (maybe more) due to fan backlash to the lockout. Regardless of whether salaries were getting "out of control" again, player salaries were bound to take up a higher percentage of revenue due to those two factors.