ankitgokani
June 23rd, 2008, 09:11 PM
In professional sports, a salary cap (often called a wage cap in the United Kingdom) is a limit on the amount of money a team can spend on player salaries, either as a per-player limit or a total limit for the team's roster (or both). Several sports leagues have made salary caps mandatory, both as a method of keeping overall costs down, and in order to balance the league so a wealthy team cannot become dominant simply by buying all the top players. Salary caps are often the major issue in negotiations between management and players' unions.
deepakraam
June 24th, 2008, 05:51 PM
I would say this is mandatory atleast in IPL where the players salary will soon touch the Bill Gates personal wealth.The salary is not proportional to the no.of runs they have scored in IPL.The team which was cheapest in the tournament went on to win the cup.I would recommend some capping should be there in the money.On the otherhand if there is capping the salary the endorsement rates will increase.So ultimately its gng to be a always-win situation for the players.
-Deepak.
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