Can a league survive without a cap ? Yes, but I think it must be a league where it takes more than 1 or 2 players to lead a team to a championship. Otherwise, the richest teams can just buy those 2 players, with a 3rd as insurance, which means the competitive balance of the league is purely dependent on finances. That is not a good position to be in. Baseball and football are 2 leagues that I can think can survive (as baseball has) quite nicely without a cap. The NBA and NHL would struggle competitively without them.There's a lot of analysis leading up to that conclusion, so please, click through and read it all. I'm kind of a dolt when it comes to capology because you don't need to understand it when all you really care about is baseball, but Cuban seems to make a lot of sense.
When times get tough again for baseball, as they most certainly will, ownership is going to start beating the salary cap drum again. Query: given that Cuban is on record saying salary caps are bad for baseball, is he the kind of guy they're going to want in their club?
I think the answer is no, but based on what I wrote this morning, I don't think they have a choice.