| Salary Caps: the NFL has one, the NBA has one, the | | | | currently employed in professional sports, the Hard |
| NHL now has one all that is left is for the MLB to install | | | | Cap, and the Soft Cap. Many people that are not |
| one. The basic premise of the salary cap is to ensure | | | | particularly familiar with caps in sports would easily |
| that owners of a team are not gouged by the | | | | wonder why have two different types of cap? The |
| ever-increasing costs of players for the respective | | | | difference between the two caps is generally laid out |
| sport. Albeit the fact that there are loopholes in salary | | | | in variation of the sports that they govern. |
| caps, like just about any other business endeavor, the | | | | A soft cap for example allows for certain exceptions |
| cap is a great way to control rising player costs as | | | | to the cap, which allow for the going over the cap, |
| well as a manageable system to draft and recruit | | | | under particular circumstances. This is the cap that the |
| players. | | | | NBA employs. The cap can vary from team to team |
| Currently there is only one of the major sports that | | | | due to their needs. The NFL carries a hard cap; this |
| North America enjoys that do not use a salary cap. | | | | type of cap cannot under any circumstance be run |
| That sport being the MLB, considering however the | | | | over. |
| collective bargaining agreement runs out in December | | | | Many players are completely against a salary cap, and |
| 2006, one can surely bet that there will be serious talks | | | | for obvious reason. What the cap basically does is limit |
| towards the cap. There are some insane payrolls in | | | | what the player can make on a payroll. The owners |
| the MLB, and if they are not curbed and the entry level | | | | however, are elated over this system, as it keeps |
| pays lowered owners will surely find themselves in | | | | money from falling out of their pockets on a regular |
| quite a dilemma. | | | | basis. |
| There are basically two types of salary caps that are | | | | |