myrocketsgotcracked
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Wetcoaster said:The problem is that there is not much of an argument in favour of a cap and all sorts of arguments against it. Also the NFLPA has indicated that they are not prepared to renew the cap at the end of the 2006 season.
I have made the following points variously in a number of threads over the past while. I am trying to bring them together in some semblance of order. The post is kind of long but please bear with me as this is a rather complicated subject. If you do not like long posts - DO NOT READ FURTHER!!!!
The problem Bettman has is that instituting a real salary cap starts with complete disclosure of revenues which is completely foreign to how the NHL owners operate. That is why every time a luxury tax or revenue sharing is mentioned Bettman acts like a deer caught in the headlights - like a cap, a luxury tax and revenue sharing would require financial disclosure.
What Bettman and the owners are trying to do is set an artificial cap level (proposed at $31 million) without first going through and proving what the total league revenues actually are upon which a cap would be based. The NFL, NBA and even MLB have disclosed revenues to the respective player associations - but not the NHL owners. The best we get is a work of fiction by Arthur Levitt, the guy who was supposed to ride herd on the the SU Securities and Exchange Commission and protect consumers - on his watch you has Enron and World.com.
so let me get this straight, its the owners job to disclose their info to the players now? if they players dont trust the owners, they wont trust the revenue the owners "prove" to have (its easy to manipulate numbers). the owners got levitt to do it, but did the players believe him? they attack levitt's professionalism yet sit back and do nothing. why dont they get off their butt and find their own guy to look over the owner's book? what are they afraid of? if they owners said no, then the players have a case. another thing, base on what can you call levitt's research "a work of fiction", i will request you (nicely) to provide evidence supporting that claim.