Several Big Market Owners In Favor Of Hard Cap
Several large market owners have been hawkish on installing a hard cap, according to sources.
The logic is that the new system of revenue sharing will impact the bigger market teams and a hard cap will allow them to have more money from which to pull.
“The big markets want to revenue share but not with their current profits,’’ one of the sources said. “Instead, they want to share from the profit they would get from a harder cap.’’
Boston’s Wyc Grousbeck is widely believed to be in favor of a hard cap, but it is not clear if the Lakers, Knicks, Bulls and Raptors are in agreement.