By judging from what's rumoured to be in the new CBA, it appears similar to what team payrolls were in 1999:
http://www.hockeyzoneplus.com/$maseq_e.htm
Excluding the Rangers, Flyers and just formed expansion teams in Nashville and Atlanta, the disparities between the top and bottom appears to be 20 M (slightly higher than the 15 M disparity between the floor and the cap). The top teams have salaries hovering around 40 M with the bottom feeders having team salaries around 20 M.
Despite a much smaller payroll gap, it still appeared the large market clubs were most successful. Colorado, Detroit and Dallas were the three powers of the West while New Jersey and Toronto were quite successful in the East.
http://www.neutralzonehockey.com/9900.htm
So, how is a cap going to make small market teams challenge the high revenue clubs and not allow clubs to maintain a nucleus of good players given that similar circumstances existed in 1998-2000. But ah, the pro-owner fans will argue that more revenue sharing will allow many teams to spend up to the cap!
Wrong! There's been no talk of NFL type revenue sharing that'll allow small market clubs to compete with the big market teams. If this was the case, the big boys like the Maple Leafs wouldn't be spending their excess money on proven NHL coachs like Paul Maurice to work in the minors (assumably at a hefty price). All that I've heard is that there would be a luxury tax halfway between the cap and the floor. Judging from what I heard that's happening in baseball, that luxury tax money usually doesn't go towards the team. Rather, it goes in the back pocket of the owners. Moreover, a luxury tax will be a huge deterrent for many teams to spend over if its a 1:1 ratio. Heck, even baseball's luxury tax has slowed rising player costs:
Though baseball doesn't have a salary cap, the luxury tax has had roughly the same braking effect on player contracts, since most clubs won't spend above the trigger point...
http://www.boston.com/sports/hockey...e_dream/?page=2
The article also goes on to explain how difficult it is for the owners to share their revenues: Though every league does some form of revenue sharing among teams, it's a touchy subject. George Steinbrenner, whose Yankees paid out an estimated $88 million in revenue sharing and luxury taxes last year, has likened it to socialism. And the National Football League owners, who already share national revenues and gate receipts, are squabbling over the idea of sharing local revenues from luxury suites, TV and radio rights fees, sponsorships, and stadium advertising.
Despite a cap, it also appears the NHL won't have 30 healthy franchises as Gary Betmman proclaimed would happen. The Blues are having tax problems. The Penguins need a new arena badly. Nashville and Atlanta will still be struggling to survive in non-traditional markets.
IMO, the cap will allow small market clubs to have a better chance to retain their best players. There's no gaurantee this will happen though. The cap also allows the big market teams to rake in tons of dough. But it'll force the large market clubs to spend much more wisely and make them re-allocate their resources into player development...a luxury the small market clubs won't have. Is this a good thing or bad thing?
Fortunately, the cap system won't reward mediocrity as it does in the NFL (where revenue sharing keeps every team competitive financially). That was my main beef with a potential CBA and I'm glad this status quo will be maintained. To win, you still gotta trade well, draft well and add whatever parts you need through free agency (as exemplified by the sucess of the Avalanche, Red Wings and Devils). Moreover, there won't be as many star players changing addresses as happens in the NFL. This means a team that was built a good nucleus of young players should be able to retain them.
Unfortunately for the fans of the small market clubs, however, is that without significant revenue sharing, their teams will always be handicapped. This could become especially problematic when the UFA age is lowered to 28...thus allowing a really good player to become a free agent during his prime years.
Ridicule away...