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The salary cap has shaped professional sports since its debut in the NBA during the 1984-1985 season, with other leagues like the NFL and the NHL following suit.[1] However, no league’s cap has had as profound an impact on competitive balance as the NHL’s, primarily because of how low it is relative to the market value of the players and the size of the team. One of the more complex mechanisms that has emerged under the hard cap system is the use of Long-Term Injury Reserve (“LTIR”), which teams have used strategically to navigate, and at times to circumvent, cap restrictions.
[1] “Determinants of NBA Player Salaries,” The Sport Journal, United States Sports Academy, accessed July 14, 2025, https://thesportjournal.org/article/determinants-of-nba-player-salaries/#:~:text=The%20NBA%20players'%20salary%20cap,salary%20was%20$300%2C000%20(5).
Former NHL players dealt substantial blow in effort to reach global settlement for concussion claims.
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