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sports dictionary Ice hockey - SALARY CAP


A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Ice hockey SALARY CAP regulated upper limit of the clubs payroll. Similar financial rules apply in both the NHL and KHL. The goal of the salary cap is to exclude the possibility of influencing the result with the help of a monetary resource. Rich clubs cannot buy out the contracts of all talented or star players, thus burying the sporting intrigue of the competition. Underdog teams that do not have impressive funding get a chance to achieve good results, as their composition will not be globally weaker against the background of well-off clubs. The salary cap, in addition to stimulating the intrigue of the championship, also serves as a contract limiter. We are talking about the financial component of the employment agreement. Every club has to look back at the salary cap that has been set. This affects the amount offered to a particular player. Naturally, the salary cap does not equalize the chances of absolutely all teams for the final victory. At the start of the season, there are always clubs with an excellent set of performers who are more likely to make it to the playoff series. In addition, the salary cap is constantly changing (usually increasing), so rich teams get some advantage over more modest competitors.