I'd have to agree with most of the posts here but here's my take. First off, salary cap is a must have. Reducing by a few teams would be good as well. Introduce a profit sharing scheme so that the NYR type teams don't get to keep all the over priced talent. That will deal with the financial aspect.
In terms of the game, I'd like to see the league go to a Euro ice surface. Players are much bigger than they were in the past and the ice is just too cluttered. (They'll have to raise the net in bball too soon if the players keep getting taller!). Unfortunately this will never happen because in order to do this, teams will lose probably 3-4 rows of the most expensive seats in their buildings.
I like the idea of moving the nets back a little to give more room in front of the net. And personally I like the idea of removing the centre line. I don't care if there would be cherry-pickers, it would help eliminate the effectiveness of the trap by opening up the space available for players to pass to.
Overtime, well I think it is fine the way it is..4 on 4 for 5 mins. I agree however, that players are probably playing more for the guaranteed point and then possible two points in overtime (look at the Canucks). I do like the idea of getting a point if you get to over time though because if you lose the single point then overtime is pretty much just a defensive game to protect the single point (which is why they changed it in the first place).
Perhaps (and I haven't thought this through yet though) 3 points for a regulation win, 2 points for overtime win and 1 point for over time loss. Then the incentive is there to win in regulation AND in overtime.
Just some thoughts....
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