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Washington Capitals: Salary Cap Crunch, Which team has it worse?

Every year the NHL plays with all teams physique by announcing a potential increase in the salary cap. Most years the NHL get it fairly right, but this season the salary cap fell slightly short of the estimated value. Reports had the salary cap being approximately $83 million, however the final tally had the salary cap set to $81.5 million. Does $1.5 million have that great of an affect on how a team will construct their roster? In the case of teams like the Washington Capitals, repeated Stanley Cup Contenders, this amount of difference in salary cap space could mean letting go of someone like Brett Connolly in favor of a more affordable Richard Panik.