Completely agree there. The floor should be closer to about 80% as it would mean bottom teams can build a genuine war chest to go after big named players. It is insane that 18th needs to pay their players almost as much as 1st does.Still maintain that one of the biggest problems is the salary cap floor is too high. It means that the worst teams pay almost the same for the list as the top teams (even with the banking over years). Its too hard for them to have enough money in the cap to have enough difference to attract a player.
For example if you had the choice to go to Geelong and contend for a flag right now or go to North for an extra $100k but struggle for the next 3-4 years. Why is it a surprise where players end up?