I really see a lockout coming. Not to say that I'm an arbiter of what makes and breaks a bad contract, but from the owner's perspective, there's simply too much risk for overpaying for a guy. I just don't see them budging on this point. Especially with the economy going the way it is.
A hard cap is an interesting theory, but it all depends on where they set it. If it tends to be on the low end, then it means you have to be creative in trades, and building through the draft. You can't just say, "hey we have beaches and hundreds of millions of dollars, come play here."
Plus I'm not so sure a hard cap hurts OKC. Please explain what you mean.