A hard salary cap and tricky playoffs prevent a runaway winner from dominating the competition
THIS YEAR’S edition of the Tampa Bay Lightning are the best team to take to the ice in the National Hockey League for decades. On April 6th they concluded regular-season play with a typically convincing 6-3 victory over the Boston Bruins, the second-best team in the NHL’s Eastern Conference. It was the Lightning’s 62nd win this season, matching the league record set by the Detroit Red Wings in 1995-96, a squad that featured seven future members of the Hall of Fame.
If the salary cap helps maintain regular-season parity, then the NHL playoff system has long served a similar purpose by preventing a runaway winner. To secure the Stanley Cup, the sport’s most coveted prize, a team must win four playoff rounds, each involving a best-of-seven-game series. In the 13 years of the salary cap era, the Presidents’ Trophy winners have emerged as overall champions only twice.
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