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Sheridan: "Hard Cap" Aimed at Rich Owners...Like Prokhorov

In his chat Monday, ESPN's Chris Sheridan explains that the NBA owners' proposed "hard cap" on salaries is aimed at limiting the richest owners from "spending their way to a title...stockpiling the highest-paid and best players even though it would mean a huge luxury tax hit." While it didn't work for the Knicks or Mavericks, Sheridan notes, "That doesn't mean it couldn't work for (Mikhail) Prokhorov".