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The Impact Of The 2005 Collective Bargaining Agreement On Competitive Balance In The National Hockey League, John L. Simpson
The Impact Of The 2005 Collective Bargaining Agreement On Competitive Balance In The National Hockey League, John L. Simpson
Honors Theses
After a lockout that canceled the 2004‐05 season in the National Hockey League (NHL), the owners and players reached a collective bargaining agreement (CBA) that instituted a ‘hard’ salary cap, a modified revenue sharing system, and changes in free agency. The principal motivation for the new agreement was to raise competitiveness among the teams, in order to generate greater revenue and profitability and to support higher player salaries. The purpose of this study is to evaluate the impact of the CBA on competitive balance within the NHL and identify the principal determinants of the changes in competitiveness among the teams. …