From Cap Geek, the sweet 16 teams that are over a $58 million salary cap threshold:
Boston Bruins ($68,867,976)
Minnesota Wild ($68,848,867)
Vancouver Canucks ($67,768,333)
Calgary Flames ($66,668,332)
Philadelphia Flyers ($66,643,373)
San Jose Sharks ($65,241,667)
Montreal Canadiens ($63,897,976)
Tampa Bay Lightning ($63,246,916)
Edmonton Oilers ($62,933,333)
Toronto Maple Leafs ($62,873,333)
Chicago Blackhawks ($62,445,128)
Los Angeles Kings ($62,320,227)
Buffalo Sabres ($61,542,023)
Pittsburgh Penguins ($60,263,333)
Washington Capitals ($59,627,905)
New York Rangers ($58,508,334)
The Flyers and Bruins will get LITR relief for Chris Pronger and Marc Savard respectively. Not sure how everyone else is even going to start getting under if this deal goes through.