If the Devils hadn't gotten Schneider, then I could definitely see the potential for a blow-up type season...but a rag like SI isn't going to do a whole lot of research on each team anyway...the writer probably took a quick look at the arrivals and departures, immediately focused on Kovy leaving, and the signing of Jagr (because he's the "biggest" and best-known name), and made his prediction accordingly.
If someone wants to predict the Devils are going to finish second-to-last in their conference, fine...but tell the whole story, and support the prediction with fleshed-out ideas. Don't just completely leave out the acquisition of Schneider (clearly a VERY big deal) or guys like Ryder and Clowe. Don't make it sound like the only move Lou made to fortify the team was to sign Jagr. That blurb about the Devils sounds like it was written by some casual Rangers fan who barely follows the NHL. Like I said, I don't have a problem with the prediction...just the way it was made. I get the feeling if you mentioned some of the names the Devils brought in to the author, he'd have no idea what you were talking about.