Question $16(1$ point$)$

Many individuals in the management of professional sport leagues are not

fans of salary caps because they:

routinely force teams to cut veteran players earning higher salaries to get

under the ceiling of the cap.

routinely provide teams with spending floors so low$-$revenue teams are

prevented from cutting salaries to stay competitive.

All of these are correct.

often have so many exceptions that they have inevitably created a

number of loopholes for those agents and general managers who are

creative negotiators, and thus, the cap is not creating the parity it was

intended to create.