Quote:
Originally Posted by zukes
May as well book the lockout now. Amazing that this industry can grow so quickly and yet the owners can cry poor every few years and take hockey away. Isn't the whole point of these lockouts to stop this inflation of the cap?
Clearly if the structure put in place allows for this, the owners can afford it, yet 7 years from now in the next lockout, the majority of CP will once again side with the owners.
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No, the whole point of these lockouts was never to stop inflation of the cap. If it was, the owners would have fought for a hard cap, not one that is tied to revenues. The purpose of the lockouts was to ensure an equitable share of revenue goes to the owners as a collective, and the players as a collective.
As for the significant jump, this year's cap of $64 million is artificially low because damage to the league, and therefore revenue, was predicted as a consequence of the lockout. This year's cap anticipates overall league revenue of $3.3 billion or so - or about the same as what it had in 2011-12. But the reality is, none of the fears of damage came to pass, so it it is expected that next year's cap will rise significantly because it will be adapting to two years of revenue growth.
As far as Iginla's deal and the rising cap goes, it does give the B's extra room to play with this year. The tradeoff, however, is that they will be on a $67 million cap next year when everyone else is at $70 million.