You missed the important part of his statement... if the CBA wasn't expiring that is what the cap would be.
Has to be expected when you replaced one of the lowest revenue teams in Atlanta with Winnipeg which is much higher revenue.
As a matter of fact, if you do that a couple more times (other bottom teams like Phoenix)... the cap ceiling (and floor) would rise to the point where it would bankrupt a dozen teams in the league to try to match it.
That is one of the main reasons why Bettman has been resistant to letting those teams move and why he certainly didn't want another REALLY high revenue team coming into southern Ontario. Imagine adding another team with Toronto-like revenues into that mix and it would upset the entire delicate balance of the league's finances.
Of course it is all silly of Bettman and his cronies to purposefully try to keep the league revenues down. They have to just bite the bullet and know we are going to go through a short transition period where 2-5 more teams relocate to better cities in which to do business.... the whole league comes out of that looking like roses.
Bettman personally has too much at stake in the weak southern markets so that would never happen until he is gone. It does however, give the players a lot of good arguments in collective bargaining. They can argue all day long that the revenues are going up and if the league wants to prop up bad franchises they can do it by revenue sharing and not by having the players do it for the owners by accepting smaller salaries.
Edited by Provost, 31 May 2012 - 04:26 PM.