If it was all about cost controls, that is what it would have achieved.
But revenues have skyrocketed because the league is healthy. And the league is healthy because of the cap, and parity. Without the cap, the rich teams would have continued to outpace the poorer teams on spending, and the declining health of the 1990-2005 era would have continued, to the detriment of many teams.
Cost control is great - many of the teams wanted it, and all are happy with it. Parity saved the league.
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