I was born in Canada, a lifelong (suffering) fan of the Toronto Maples Leafs hockey team. When I moved to Chicago to work with ZS, I had the good fortune of witnessing the growth of a perennial contender for the Stanley Cup in the Chicago Blackhawks. The NHL has salary caps, as do most professional sports leagues. Salary caps are put in place to ensure that large market teams do not simply “buy” championships or create competitive imbalances. It’s not a perfect system, but most people understand why caps are in place.
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