Obviously, this is a New Jersey Nets blog, however, the NAS crew absolutely love the NBA in general. So, every week, Sebastian, Mark, Devin, Evan, and myself will answer questions regarding the L.
1) Washington Wizards owner, Ted Leonsis mentioned that the NBA would have a hard salary cap like the NHL and was fined $100,000 by David Stern for saying so. How do you think the hard salary cap will affect the league and should the NBA have one?
Mark: It's clear that the NBA needs to change its salary structure because a number of teams are losing money hand over fist. For a sport as financially challenged as the NBA, I think a hard cap like the NHL is worth exploring. If there was a way to eliminate guaranteed contracts, like what you have in the NFL, that would lead to even more parity and financial success in my honest opinion. I guess this is why I'll never be a lawyer for the player's union.
Devin: It would be extremely difficult to implement now, especially since you've got all these giant contracts recently signed. Pat Riley is not going to sign off on a hard cap with three near-max players on their roster. If it was grandfathered in somehow - I.E. contracts signed prior to hard cap agreement only count as a certain percentage of the cap - it could work, but I'm not a fan of a completely hard cap. I think the salary system as it stands is more effective.
Evan: There is no question that if the league implements a hard cap, player salaries will go down, especially for the non-superstars. The top guys will still get maximum money, but players who have gotten mid-level and veteran exceptions in the past will not be as well paid. There are two clear sides of the argument as to whether the NBA should impose a hard salary cap. Naturally the owners will want to implement one to curb players’ salaries and the Player's Association would be strongly against one. My opinion? Impose a hard cap like the NFL and NHL. One of the great things about the NFL is that each season a new team seems to come out of the woodwork and make a strong run in the playoffs. A major reason for this is because of the competitive balance created by a hard salary cap. A hard cap in the NBA will equal more competitiveness around the league and will not result in the same teams making the NBA Finals each season (Lakers, Celtics, Spurs…).
DV: I'm all for a hard salary cap. It just makes sense competitively and proof of it working is in the NFL where every season teams come out of nowhere or fall hard from expectation. Sure there are a lot of factors that go into those things happening, but the managing of salaries is a big part of that. Not only will this even the field a bit more, but it will make scouting and analysis that more important and in any game, those are important elements to winning, as opposed to just throwing money around and not being afraid to make mistakes because a team doesn't mind eating up a bad contract.... MORE →