Magua
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I don't think you need to make a move - sign Williams at $4m, and a goalie at $3m. Leaving $1.1m in space.
I signed Williams at $3.5 and a goalie at $4, so I had it closer to 700k space but yeah, it's definitely not unfeasible. But I'm no cap expert, and I'm not sure how much room is needed for bonuses (which could be dealt with around the trade deadline if need be) because that's starting to get tight.
Maybe Williams needs a bit of a pay incentive to come here, like making 750k more this year than last. Goalie is a wild card. If we go bargain big shopping, we could sign someone from $2.5-3. The hope of getting Mason might be $4. Need a 23rd extra man too perhaps, but that's pennies.
Matt Read has to go though cap-wise.