Hockey Prompt: Written

The salary cap, the way it is, is not designed for parity or whatever the NHL tries to say publicly. It is very clearly designed to keep money in the pockets of the owners and reduce pay to players, keeping the stars of the game from earning their real value. HOWEVER, the way the league has expanded and is built in such a way to completely do away with it would probably cause a financial disaster for many teams, as most teams are barely profitable (if at all). The salary cap, in some capacity, is here to stay. To improve the current system, something like luxury tax from the NBA could be added. I would try to copy that structure completely. The league pushes so hard towards building teams through the draft, and yet there isn't a way to maintain players you draft if they price themselves out of the team. Being able to go over the soft cap to re-sign players would be a great addition for players and teams. There are probably numerous issues with a switch like this, but it's by far a superior system to the one currently in place.