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

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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".