The New Jersey Devils are one of the most respected professional sports franchises in North America.
They have solid ownership, own their own arena and a dedicated fan base that stretches pass the state limits of New Jersey.
They have quality people who run the day-to-day affairs of the the hockey club, they also have some great athletes who preform on one of North Americas biggest sports stages.
But how could an organization, especially one that is held with such high regard, be so handcuffed by one of professional sports newest and established systems? The Salary Cap.
The NHL has now lived in the "Cap world" since 2005.
Maybe it should be called "Hangman."
The Collective Bargaining Agreement (CBA) is a massive document, and one that is quite difficult to understand from time to time, so teams like the Devils employ people to understand it (lawyers) and people to oversee one of it's biggest components—the salary cap, those people are better known now as the Capologist.
They all form a management group along with hockey operations people like general managers and other executives to make major ...
Read Full Article at Bleacher Report - NHL
Article written by Mike MacDonald
2010-11 NHL: Dollars And Sense: The Vengence Of The NHL Salary Cap
October 14th, 2010 by Mike MacDonald Leave a reply »
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