thinkwild said:
Ok, so this is one of the caps, where its not a real cap.
Its a real cap, its just a soft cap.
thinkwild said:
Overall, there is no tie between league revenues and expenses.
Well I never got to that part. I just picked $32M as an arbitrary number. There's two ways of picking the cap... one is as a percentage of revenues, the other is an arbitrary number that grows by a certain percentage each year (say 3%).
The owners have always said that they don't care whether its a luxury tax or a cap or whatever, but it just has to be a percentage of revenues. The PA has basically said that's what their definition of a cap is.
thinkwild said:
I too think a solution like this might be able to be worked out. An RFA cap perhaps. If RFA salaries are manageable, then it really makes no difference what Holik makes. (Not that it does now either)
Of course Lecavalier, Richards, St Louis and Prospal are already making less than $4mil a year. And none are likely to even approach $10mil under the expired system.
They may not reach $10M, but they'd certainly be demanding more than $4M (Lecavalier already makes more than $4M). Pronger, Neidermayer, Lidstrom, Kariya, Bertuzzi, Naslund, Iginla, Thornton, Theodore, Giguere, Fedorov, Hejduk, Modano, etc are examples of players that got huge raises early in their careers (well before UFA), and some have accomplished less than guys like Richards and St. Louis have.
The difference between 4 guys making $4M vs. $6M each is huge.
thinkwild said:
Under this system, when Richards and Lecavalier reach UFA age, there is no way they could keep them because NYR will be in planning to dump their star players to sign them when they become available. The best UFA's in this soft cap, will end up on the richest teams. How could Calgary keep Iginla or Edmonton keep Weight. Only if no other team has an exemption could they keep them
Like I said, there'd only be 60 exemptions, and some teams wouldn't even use the exemption for star players. So if Lecavalier, Richards, and St. Louis all walk at UFA age, it shouldn't matter as much because other star players will be looking for work (maybe a guy like Weight will be willing to sign for $5M because the Blues sign Richards at 7 and have Pronger as their other exempt player). Plus if Feaster is doing his jobs, other young players will be coming through the system. You'd probably see less knee-jerk rebuilding happening along the lines of Washington, Pittsburgh, Boston and the Rangers.
thinkwild said:
This idea, is not cost certainty though, but I agree, something along these lines may be a compromise available, if there are 2 sides looking for one.
That's just it though... neither side would probably go for this. There are a million other ways to work a deal like this that I think could curb spending. I even think a simple luxury tax might be the best and simplest solution... but if the threshold isn't calculated based on the previous year's revenues then the owners won't look at it. And if it does, then the PA will call it a hard cap and turn it down.
thinkwild said:
A homegrown cap sounds good, except it removes a players rights to true free agency, if only his team can sign him.
Any team could sign him, and he could still be granted arbitration rights... he just couldn't make more than $4M until he was a UFA. If the Oilers only wanted to sign York for $3M, and he wanted $4M as an RFA, he could still get an offer sheet from the Penguins (who would probably be in a better position to make that kind of offer).