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Originally Posted by Locke
His hands are tied on that. Theres a reason that they made sure that they have an escalator clause.
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The escalator clause is for a fixed five percent. If HRR drops year-to-year by more than five percent, the cap goes down even with the escalator.
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Has the NHLPA ever not used it?
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Not that I know of. So what?
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If, considering the current states of the North American Economy, the Canadian Dollar and various other factors, the escalator clause can still outweigh any economic imbalances in order to still increase the cap it would take a depression of serious magnitude to see the cap go down.
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It's an open question whether that will be the case next year. The *expectation* is that the cap will not be less than $71.5m. That is not a certainty.
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Its all built into the structure.
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Right. And the possibility of the cap going down is also built into the structure.
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Unions do not take wage cuts.
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So when every player in the league had his wages cut by 24 percent after the '04-05 lockout, that was not a wage cut? Pull the other one, it's got bells on.