rough ideas but i am for no ntc nor nmc. but i think the salary cap is essential for the whole nhl product.
but this is me.
I understand your point. I think the problem has exasperated once the nhl decided to go with a salary cap intended to help smaller markets and become a cost control.
But IMO you see smaller markets still failing, limited talent level which is driving up the salaries, and forcing teams to extend contracts to a term that most players can't fulfill due to aging , and the buyout penalties incurred.
Arizona has been a dumpster fire ever since it originally moved from Winnipeg, but somehow the nhl is excited to expand into Seattle?
Buffalo , Carolina, Ottowa, Vancouver, Edmonton, Columbus, Florida, all these teams have been in a downward spiral for many years . Carolina finally became relevant again.
Look at Detroit they where always a fun great dominant team.
Let's be honest can florida really sustain 2 teams?
So far that hasn't been the case.
Or why is Edmonton Vancouver Ottowa in the condition they are , bad ownership.