Tuesday, December 2, 2014

Salary Caps


Salary Caps

The NBA, NFL and NHL all have salary caps because players let themselves get bullied into it.  Time after time, rosters get blown up when teams have exceeded their salary cap.  It happened to the Blackhawks after they won the Stanley Cup in 2010, and may happen again because of a weak Canadian dollar. 

The cap is solely for the benefit of owners.  None of the above sports have what you would call ticket affordability (thank you, baseball, for no cap and a 162-game schedule).  So, fans benefit from it about as much as players do.  No, we’re supposed to believe teams need the cap in order to survive.  But why isn’t there a capital gains’ cap imposed when an NBA, NFL or NHL team gets sold? Why does Donald Sterling get to walk away with $2 billion from the sale of the Los Angeles Clippers?
Players either need to demand such a thing or strike to end salary caps.   Until then, give me baseball’s luxury tax any day.   

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