Where a lot of people get confused with whom to side with in this debate is that they forget the initial fundamentals of business. The owner is there to make a profit. So let us break this down a little bit more.
For example, this writer goes and invests and purchases a business. There are going to be costs incurred along the way and this includes salaries. As the owner, not one employee is going to tell me how much of my revenue is to be paid to them. There may be revenue sharing or may not be but that is my decision.
So with that example in the back of our heads let us go back to the sports teams. As an owner I have spent millions of dollars on employees that bring me the most revenue and that would be the players. I have invested in them. I have seen other teams invest beyond their means and I have paid the price for that due to also investing to keep them alive. I have also seen contracts being given to players that will not perform anywhere close to the contract amount. Thus at the end of the day leading to a lock out to straighten this fiscal mess out. The solution once again goes to basic business.
Here it is the solution.
1. As with any sports league hockey has a commissioner. It is time to let this one go as his ego has made it impossible to admit to investment mistakes in regions that hockey does not work. An example of this is Florida and Phoenix. It is the same as baseball working on Montreal. By the way, they are the Washington Nationals now. Money was not being made in Montreal so they were moved.
2. If another team is not cutting the mustard revenue wise where they are either move them to a hockey city or just get rid of them as the profiting owners are paying their bills.
3. This league needs a hard, non-adjustable salary cap, not a floating one based on yearly revenue. This will make other teams that decide to spend too much money one year live within their means. If they spend too much on one player then they have to live with not getting complimentary players due to not being able to afford them.
4. Input a maximum on salaries for a player and do not guarantee the contract. The capping of contracts works in basketball and non-guaranteed contracts means the players will perform better or they are out of a job a la football.
5. Last but not least, remember that the owner is there to make money and win. Bottom line.
To this writer the whole situation in hockey and other sports can be fixed as long as people know what they are there for and the owner is there is make money. Pretty simple.