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The Sports Daily > Colts Authority
Salary caps don’t work

I’ve been saying this for years

But guess what: the salary cap doesn’t help. To the contrary, they have made matters worse. That according to Matt Ozanian of Forbes, who has studied the matter and reports that salary caps have “served to make high-revenue teams enormously profitable and low-revenue teams unprofitable, or marginally so, relative to their rivals. The growing distortion in profitability has resulted in a bigger gap in team values.”  The rich get richer?  Wasn’t that supposed to be the problem salary caps designed to solve, not the outcome they sought to promote?