This is well done and very thought-provoking. Read this article here.

Here is a thought we all need to chew on though regarding this new CBA. The Capitals look like a model franchise. We have a young team, an up-and-coming team. We can keep it together. Our business is booming and we have great fan support. We have managed the salary cap well. We may end up selling close to 5,000 new season tickets this off season. All signs are up. Couldn’t be better, right?

Then how come we will lose MORE money this coming season than we did last season? We have done everything right - our fans are in love with the team and we are growing double digit in revenues – and yet our payroll is growing faster than our revenues. Hence we will lose more money as we grow.

So something isn’t working regarding the new CBA and, frankly, I have yet to receive an email or read a message board post or blog post or a media article that says, “Spend less money in building your team or keeping your team together.” I am not sure how the new CBA will play out in the long term but the salary cap inflation and the new contracts offered to young players and free agents are making the business model turn upside down yet again. I know that is a fact in DC. I am sure it is a fact around the NHL, too.