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I think I like Arles' idea.
(1) Get rid of max salaries.
(2) Have a hard cap that's some amount over the soft cap. (And I know that there's some tension between guaranteed contracts and a hard cap, but it isn't like the NBA does not have a pretty good idea of where the cap is going, so I think that you could make that system work).
That would help reduce the outsized influence of stars because if you are paying actual market value for a Durant/LeBron/Davis, then you have less to pay your role players.
As for guys taking under market contracts to play where they want? That's not a problem. It's the free market. And, in the end, most guys take the most money. For every Boogie, there's ten guys who tell their agent "Just get me the most money." I don't see an epidemic of market-distorting contracts around the bend.
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