NHL should be adding a luxury tax on to their salary cap in the CBA this off-season

So the NHL salary cap ceiling for the 2011-12 NHL season is 64 million dollars and that makes the profitable teams like The Maple Leafs, Flyers, Blackhawks, Bruins, Canucks, Rangers, and Canadiens are laughing all the way to the bank because even when they put 10-15 million a season into a pot to be divided between the teams that are struggling noise high in red ink as they are being hammered by having to reach the cap floor which is 48 million dollars. So the cap floor needs to be lower a lot as in 10-15 million dollars in the next NHL CBA that needs to be finalized before the NHL starts their 2012-13 season and it will help teams like the Panthers, Blue Jackets, Hurricanes, Coyotes, and even maybe the Predators. This creates a huge road block in negotiation between the owners and NHLPA because the NHLPA will not have anything to do with the average players salary going way down and the only way to make both sides happy would be if the Salary Cap gets adjusted and a luxury cap should be added to it just like in Major league Baseball and the National Basketball League and they could put a cap on the Luxury cap which allow teams that can afford the luxury tax can go or the cap by 15-20 million. In a way the luxury tax will also help the poorer teams because there will be of course a tax which could be between 20-50% of the amount a team goes over the cap which with a 20% penalty would add up to 50 thousand every million a team goes over the cap and that will be added to the relief fund that the poorer teams in the league. For the more wealthier teams if they max out the luxury cap they will end up having a mid-80 million dollars and with the help and the penalties they max out at less than 100 million and teams like the Detroit Red Wings (struggling at the gate), Rangers, Maple Leafs, Canadiens, and now even both the Canucks and the Blackhawks (because winning is bringing more fans to the game since the cap appeared) had a 100 million plus payroll back in the uncapped past in the NHL.

If it happens it would allow the wealthy teams to throw their money around and continue to give players silly contract after silly contract and would also allow bigger trades to happen during the trade deadline which is a snore feast since introduction of the salary cap system.

It would be more fun to watch

Tom Mehegan