puckhead
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and make it fun by having the ability to trade that cap spaceLets compromise. Each year a team misses the playoffs they get an extra 3% of the upcoming cap they can exceed. Give those teams who miss the playoffs the extra incentive to spend more to get better or for the shitty GM's a longer rope to hang themselves with.
And make it cumulative with a three year limit - let say 3% of the cap this year is 2 million - if a team doesn't exceed the salary cap in year one after missing the playoffs they can accumulate this credit in their salary cap bank and use it next year if they miss the playoffs - if they make the playoffs next year they lose the credit but offset that with playoff revenue.
So in theory, a team that misses the playoffs for three season in a row and doesn't use their banked up credit until after the third season would be allowed to spend 3% of the prior 3 season's caps respectively above the upcoming year's cap. This could potentially mean an extra 6-8 million dollars they could exceed the cap and get that high priced free agent who wants to come home or lock up a couple of guys coming off entry level deals long term. That's some words of wisdom for you right there.