Will an NHL salary cap lead to lower ticket prices?
Will an NHL salary cap lead to lower ticket prices?Update: The NHL lockout ended in July, with a six-year collective bargaining agreement. For the details see: • How the NHL Salary Cap Works • Highlights of the New NHL Deal • New NHL Rules for the 2005-06 SeasonAnswer: Since the lockout began, NHL commissioner Gary Bettman and a few team owners have been adding the phrase “affordable ticket prices” whenever they discuss the benefits of a salary cap. In previous seasons, several teams pointed to high players’ salaries as the reason when announcing a hike in ticket prices. But the notion that the price of an NHL game would drop if payrolls drop is very dubious. Like any other commodity, an NHL ticket is priced according to supply and demand. A team that sel
