S69 PT #1: Surplus
January 29th @ 11:59 PM (PST)
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FaraDian
Registered Posting Freak
Hockey prompt: over the past couple seasons, I've been learning more about NHL contract structure and the cap, which is actually fascinating even though I hate financial stuff generally. I think there's healthy debate to be had about how the cap is set, since the league's revenue is so weird, especially with their poor broadcast structure (especially their dismal usage of streaming). But the concept itself is strong, with the right goal of keeping small market teams viable (I wish this mention Quebec City instead of Arizona, but I digress).
Soccer has long demonstrated what an open or loose cap leads to, and it's only sustainable because of the extreme history and passion keeping smaller teams alive. The NHL could never function this way without severely reducing the league size, and maybe not even then. Working with (*exploiting*) the cap will continue to evolve and hopefully the league continues to adapt (how many more 8x8 contracts are we about to see?), for long-term financial viability and stability. |
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