Meh, I think that's a bunch of crap. If spending the most was the only factor, the Yankees would win every year, and so would the Wings pre cap. But that obviously didn't happen.
Well there are other teams that are 'buying a championship" in both those situations. Yankees haven't had the highest payroll for the last few years.
Before the cap, we were often outspent: A random year chosen for an example 02-03: by the Blues, Stars, Rangers
Without a cap, the winners are pretty much limited to the few big spenders. The top few have a relatively even playing field and then other factors come into play.
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