acr*
Guest
If they do go to a salary cap system, a big sticking point seems to be guaranteed contracts, but I was thinking there could be a solution to that.
No guaranteed contracts, but the Union must provide insurance on those contracts(after a tax of something like 5% or under of the contract to the union, to be put in a pot for this purpose) so if they're cut, they still get a good percentage of the money they were promised.
The biggest problem I can think of with this is that it'd be incredibly easy to commit insurance fraud like this. Someone could sign Sandy McCarthy to a 3 year deal with the first two worth $1 million but the third worth $5 mil, and they cut him the summer before, he gets that money at the expense of the union and the rest o the playes for that matter.
Other than that, is it a reasonable idea?
No guaranteed contracts, but the Union must provide insurance on those contracts(after a tax of something like 5% or under of the contract to the union, to be put in a pot for this purpose) so if they're cut, they still get a good percentage of the money they were promised.
The biggest problem I can think of with this is that it'd be incredibly easy to commit insurance fraud like this. Someone could sign Sandy McCarthy to a 3 year deal with the first two worth $1 million but the third worth $5 mil, and they cut him the summer before, he gets that money at the expense of the union and the rest o the playes for that matter.
Other than that, is it a reasonable idea?