The following statements simply cannot be disputed: Bad management hurts all teams. (We've seen countless examples of this at both ends.)A salary cap, luxury tax, and revenue sharing work to eliminate the advantage that the most free-spending teams would otherwise have. (You already admitted that you don't watch baseball because of the discrepancy between rich and poor team payrolls.)A salary floor hurts the poorest of teams by forcing them to overspend on payroll.Also, I'm not sure who said it (about the NHL being more popular and more profitable than ever before) but the exact same thing can be said of Major League Baseball. Overall profits for MLB are higher than they have ever been, and MLB does not have a salary cap. That means the "NHL profit argument" is no longer valid. I just disproved it by counterexample. Who knew I would ever use a mathematical proof technique in a hockey forum. Awesome! To clarify, you (or someone) made the argument that: P1. The NHL has a salary cap. P2. The salary cap creates competitive balance. P3. Only a league with competitive balance can be profitable (implied, unstated premise) C. The NHL is profitable because it has a salary cap. Disproved by the fact that MLB does not have a salary cap and has achieved the same positive financial results (even more so than the NHL), thereby removing the salary cap as the causal factor in the NHL's current financial situation.