Part 4/11:
To combat this imbalance, league owners are pushing for a salary cap—a hard limit on how much teams can spend. A hard cap aims to prevent runaway spending by rich teams and promote fairness across the league. Conversely, players oppose this, fearing it will limit their earning potential and diminish the competitive value of individual contracts.
The Potential Fix: Salary Floor and Salary Cap
While a salary cap remains a key proposal, it alone may not solve the problem. Experts suggest that implementing a salary floor—a minimum amount that each team must spend—could serve as a better balancing tool. This would force under-spending teams to increase their payrolls, promoting overall parity.