If Wang wouldn't retain salary 18 months before moving to Barclays to fix one of the worst trades in the last decade what makes people think he's going to spend anything more than cap floor 14 months before the move?
Snow is going to have to make trades for help or hope that a garbage heap goaltender plays out of his mind next year for the Islanders to make the playoffs. They'll get growth from young players but that likely wont be enough to make next year's team any better.
As an Isles fan, I think the plan is to spend all of the money necessary to reaching the floor($6M or so) on a goaltender, and hire a new coach - preferably one with some experience and success(Laviolette has been discussed on the Isles board a bit).
My guess is they will offer that money to a guy like Hiller, and hope prospect Reinhart, who they have been very patient with to this point, is capable of stepping in to the 2nd pairing with Visnovsky.
Honestly, I have no idea how next season will go. IMO making the 8 seed is just as likely as finishing bottom-5. All depends on who the new coach is, and whether or not they can get that quality goaltender. Either way, if they can sneak up in the standings a bit by the end of this season(into that 7th overall pick range) I'd probably give up the '14 1st to play it safe.