rockon83
Registered User
Line 10 shows the numbers projected for this season. (bold numbers were manually entered, non bold numbers are calculated)
From what I've read, the cap-floor gap is $17,500,000 for this season, and $16,000,000 after this season. This gap is causing the cap to be a much higher percentage of revenues. I thought the players were getting 75% of revenues before the lockout, and that it was necessary for them to get no more than 54% for the league to survive.
The numbers for this season show the cap ($39,350,000) being 69.4% of revenues. If a team spends to the cap this season, and revenues come out to be 1.3b, they will need to keep 18.3% of salaries from escrow, and still have paid 74.2% of revenue to the players!
It doesn't seem to me that teams will be able to survive like this. After all the assurances that the salary cap would bring revenue streams to all the teams, this doesn't seem to be the case. The cap has definitely leveled the playing field, not allowing NYR, TOR, DET, etc to spend tons more than others, but unless this cap-floor gap number comes way down, "54%" is pretty much an irrelevant number.