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It's not a control of spending issue. It's market size, competitiveness, minimum salaries, and wage control. Toronto and NYR could spend up to $200M, while Florida would be at about $20M. That's not ideal.
A free for all does not benefit the majority of teams. A salary cap does. If you owned a team chances are you would want a cap. There are only about six teams that don't want a cap.
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"A machine you build yourself is a vote for a different way of life. There are things you have to earn with your hands."
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