People are looking at 37.5 million as a big step back..
But we won't know about that untill we see what COUNTS under the cap...
If IR players are given some sort of exemption status...
If there is room for some form of playoff bonus clause..
If buyouts are not counted 100% against the cap...
The deal for 37.5 will be roughly as good as the 42.5 deal as teams will have more flexablity in certain situations.....
Another ticker will be if the NHL put any possible chance for the 37.5 million to increase(even if it is just 500k a year)...
Looking at the raw numbers are not the only thing that matter according to the NHLPA(as that is why they rejected the leagues Sat. 42.5 offer that was still on the table and stated that it was not the cap number, but the small things they wanted to talk about)
:lol
Seriously though, if some of the smaller conditions are better under a 37.5 million than a 42.5 million cap, it might not be as big of a loss, even moreso since only 4-6 teams IMO would have spent up to the 42.5 anyways...