The salary cap exists for one reason. Cost certainty. They don’t care about teams retaining talent or the quality of teams or any of that. You occasionally will get an owner like Melnyk who won’t pay for a soul and owners like Mr. I who will spend money like a sailor on leave at the port bar…. But mostly? The cap exists so they can plot 50% of hockey related revenue to cover salary expense and go on with life
It's good for the business of the owners. No question.