'roadkill1292 said:
I shouldn't have posed that one question because of course I understand that this can only happen by being collectively bargained.
But neither of you is yet addressing my question of why owners feel that a cap on rookie salaries is necessary in the first place when rookies already possess so little leverage in the negotiating process. If it's so disadvantageous for a rookie to sit out for year, why are owners "overpaying" now?
From the perspective of short careers, lower pay than other pro sports and a lack of viable competition, it seems unbelievable to me that a "like it or lump it" deal for rookies can be allowed to stand.
Because the rookies hold too MUCH leverage now. Teams HAVE to sign them, or risk pissing off their fans. To make things worse, the owners have been unable to go backwards on offers compared to prior years, instead watching the demands of the first round rookies escalate to unreasonable levels. I will agree that it's the owner's own faults. They weren't drawing a hard enough line on first rounders 15 years ago, and it's simply gotten worse. But knowing that simply does nothing to change the reality of the problem....the salaries for high first round picks have been unreasonably high and the teams are desperate for a legal way to curtail the problem.
One could make a very good argument (and you have) that a rookie cap is in many ways unfair. I understand and sympathise somewhat with those arguments.
SOMETHING needs to be done though, and I think some compromise should be attainable. IN return for a cap (something that reduces first round pricetags an average of 30-50%), rookies subjected to a capped figure should have shorter contracts (4 years?) or some other means by which someone independant from the team will force recognition of those few rookies who actually outperform their rookie deals.
ETA: Oh...and like it or lump it deals are common in MANY other businessess/professions at the entry-level. At least these kids are still going to become multi-millionares in thier "like it or lump it" screw-jobs.