Haha, going away from the cap is a death knell for the NHL. As a Winnipeg fan I have no interest in an NHL where us, Edmonton, Carolina, Tampa Bay, Florida, St. Louis, etc are relegated to glorified farm teams. Yeah, I want to follow in the MLB's foot prints and have 20 straight losing seasons. Or the absolute best case scenario is that once every decade you can make playoffs like Oakland. Yeah fun times. I will be dropping my season tickets, as will plenty of people I am sure. The NHL does not have the ingrained fanbases built for over a century, ala Baseball.
Luckily the NHL nor the PA are stupid enough to drop the cap. Cap's are good for business of sports, since competitiveness drives profits.
I LOVE this post! So bang on! People think that Canadian clubs struggled in the 90's because of the poor dollar. Sure, that didn't help their bottom lines but the fact of the matter is, the Jets left, the Oilers and Flames almost left, and the Canucks struggled because there was no way these teams could compete with the Leafs, the Rangers and the Red Wings of the league in terms of player spending. There was no hope for these teams. They would develop players and then lose them when they couldn't afford them any more.