Yeah, I can see how you would be OK with the status quo ;)
Yanny, you bring up a great point - Dryden as commish would be ideal. Lawyer, politician AND former player (for the Habs no less … no bias, really!) … how much better does it get? Usually, “former player” is mutually exclusive from the other two …
Also, what happens if a club exceeds $50M? It can’t be a “weak” penalty like loss of a draft pick … the Rangers will probably gladly pay any luxury tax, and buy any draft picks anyway ;) How about your team loses one point - ie, a point gained from winning or tying a game - for every $1000 you’re over? THAT would prove incentive to keep salaries down!
However, with a salary cap, another (major) issue is full disclosure of contracts. A big problem in the CFL is although most teams submit salary info to the League that is low enough to remain under a cap, a lot of players are paid incentives otherwise … I’m not sure how, but it’s basically income that the team decided not to include when telling the League how much they’re paying so-and-so … hence, the salary cap is useless.