I agree, but your plan isn't "revenue sharing", it's "communism". Not just due to the complete sharing, but the complete regulation of the dispersion of funds.
I think throwing just all media money into a pot, and splitting ticket sales like they used to, would be sufficiant sharing. Then you make the share you get from the media pot the salary floor, and twice it the salary cap, and you will have a plan going.
As long as the team spends that minimum they can do whatever they want with the rest of the money they get. Plus, this allows for particularly wealthy owners to spend their own money on the team if they wish.
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"Final thought: I just rented Michael Moore's Bowling for Columbine. Frankly, it was the worst sports movie I've ever seen."
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