no cap- why care what's spent?

[freddyg12]

Originally Posted by SirClintonPortis

I can think of two reasons.

1. The laborers are given a disincentive to put in the maximum amount of effort. According to the consumption-leisure model, when wages get REALLY HIGH, laborers will choose to work less and spend more time with leisure.

2. Risk of getting burned if the cap comes back

good point on #1, one of the reasons big contract players often don't live up to what their teams & fans hope.