I think the NHL salary cap is definitely a good thing in principle, without it I am sure we would see parity get pretty bad in the league and some teams would get a massive edge. The influence of market, location, and team quality is already something that gives more sway to some teams than others, and that problem would only be worsened if there was no system to force a more level playing field sometimes. However, one flaw of the salary cap is the failure to recognize differences in the tax structure of each area a team plays in. This is a big reason why Canadian teams essentially operate at a disadvantage and are on so many players' no trade lists. If there was some way to regulate the cap differently so that no team gained a financial advantage based on what tax laws are in their area, the salary cap system would be great and work exactly as intended. It is still definitely a positive thing to have established as is, though. (174 words)