Pete, I think you are forgetting that the cap ceiling is actually higher than just 1/30th of 57% (or 50%) of HRR. The ceiling is actually a percentage above that, and the floor is a percentage below that.
As it stands right now, if the players' share of HRR dropped down to 50% from 57%, the cap ceiling would become about $61.58 million instead of the currently-projected $70.2 million. I can only speculate as to what the floor would be, as I have heard rumours that owners actually want the floor to be closer to the cap midpoint, but if it were under the same rules as present, it would be $16 million below the cap, or $46.58 million.
- saul91
Good point and I'm using basic math to discuss the idea. The spread of the cap has always been problematic because players have voted again and again to use their 5% increase right- their way of more money spent.
If players are guaranteed a floor of HHR at 50% of 3.3 billion it's their best interest for league to grow revenue. Right now it's in their interest but not nearly to the same extent.
The salary cap right now is a spending limit not a pay out limit. Link the cap to a guaranteed floor of 1.65 bill and then let split revenue over it go back to players as profit sharing. The hard cap means deals going forward are just going to be A LOT less.