As your probably have heard by now, the rumor is that the owners must honor the 04-05 contracts to get the 24% rollback. Most responses about this have been that the owners shouldn't even considering honoring them. What I'm going to show you below is exactly why they SHOULD honor them. Most teams are better off by honoring them to get the 24% than by starting off after this lockout with no rollback and the 05-06 contracts. Only Boston, Dallas, New Jersey, and Toronto are better off starting off with the 05-06 contracts and no rollback. A few others (Buf, Phi) are debateable, but IMO better off honoring the 04-05 contracts.