Wednesday, August 29, 2012

Cap-Cutting Measures

Amazingly, this picture was not Photoshopped.
Labour negotiations between the league and the players' association are still in their infancy, despite the lockout deadline looming ever larger. The two sides are set to meet again today after the league tabled a new proposal that is much softer than their initial ludicrous demand. It still likely isn't going to go over well with the player's association, but it's a start.

The league's offer would cut the salary cap to $58 million next season, down more than $12 million from the current figure. As it stands now, there are 16 teams already over that limit, yet the league's offer did not include any sort of salary rollback. How are teams supposed to become cap compliant? Well, a contract amnesty would be a good start.

A few weeks ago I wrote an article for The Good Point on the benefits of a one-time contract amnesty. With the league's proposal there would have to be a five-time contract amnesty for some teams (looking at you, Calgary).

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