August 20, 2010
Long Term Effects of the Salary Cap

The issue of player salaries within the NHL has long been an issue. During its early days in the first half of the 20th century, the league subjected players to salary caps, but these were eventually done away with and forgotten about for several decades. This topic rose to the surface again in the 1970s when the NHL Players Association was created. The issue finally came to a head during the 1994-1995 season and resulted in a lockout and a portion of the season being cancelled. However, the problems solved at this time would only sedate the issue for about ten years. In 2004 a lockout resulted in the entire season being cancelled, which was the first time this has ever happened in a North American professional sports league. However, in the end, negotiations finally resulted in a salary cap agreement. A salary cap per team and per player was set based on revenues of the league. Read on …

Shoveled into: Salary Caps,
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