Three of the factors for increased salaries have all been eliminated in this latest NHL proposal. 1) Salary arbitration has its teeth kicked in and made, IMO, fairer to both sides. 2) No more hold-outs. The "hold out" or "holding of breath" as I like to call it was one of the major reasons salaries have sky-rocketed. It is easy for the agents and players to say: "well you didn't have to pay me all that money" but that is baloney. The owners and GM's would be creamed in their local town if they were not able to keep their star players - it always is a PR nightmare for teams who let their star players go to other teams. 3) Nice hard cap on entry level salaries. IMO, with these three things in place there is no need for a cap or a luxury cap. If I were the NHLPA I would agree to these three points, toss in the 24% roll backs and we have a deal.