Opinion Source Information:
MSNBC.com
With a salary cap comes a salary floor. It’s a minimum payroll for each team. Upside: It prevents a stripped-down franchise, most recent example being the Marlins. Downside: It forces teams in smaller markets to spend more than they would otherwise (which is sometimes a good thing. I know the Brown family resented the NFL’s salary cap as it forced the Bengals to invest more in player salaries. It would be hard to arrive at an argument that the floor has hurt the Bengals).
Don’t believe me? Shawn Hoffman of Baseball Prospectus ran the numbers and projected that with a cap/floor, Pittsburgh would have needed to increase its Opening Day payroll by $28 million. My friend the president of the aforementioned major league franchise is concerned that franchises like the one he runs will be forced by their sport to spend more than their decreased revenues would justify.
If that happens, you know what’s next? A strike/lockout/work stoppage. My friend mentioned that possibility for all three leagues (NFL, NBA, and NHL) that have a salary cap. He believes there is danger that the current systems won’t work. If so, the only relief for teams would be a new system that only is born after a work disruption. ...
Salary cap? I don’t believe I will live to see one in baseball. Last time someone tried, the game stared Armageddon in the eye.