Quote:
Originally Posted by ricardodw
Without a salary cap the NHL would be a 10-team league. The cap was put in place as there were significant number of teams losing less money not playing than they did when while playing. There was no chance of these owners agreeing to a deal without a cap.
The Flames ownership held off locking up Iginla until a cap was in place. They felt that committing 7million long term did not make the franchise a better sale going forward. They would rather have taken a chance on losing less money without him. This was after the play-off run where Iginla carried the team and in an uncapped world would have gotten >10M to be captain of the Leafs Wings or Rangers.
There would have been a mad scramble to sell off Edmonton,Calgary,Nashville and well all the southern franchises while there still was some value before contractions.
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Starting with this makes taking anything after it seriously virtually impossible.