Cap circumvention basically allowed teams to spend beyond the cap which is why it had a big effect on salaries.
All it's going to do is bring superstars back to earth.
And they want 5 year limits because that's what the NBA got. It's a copycat world. Kovy gets xdollars in free agency and they next guy asks for a little more than that the following year. The NFL and NBA go down to 50/50 revenues, and that's what Bettman and the owners ask for.