Trade JT and 2nd rounder to Portland for DD and pick #23.
With pick #6 take Josh Smith.
With #17 take Sebastian Telfair.
With #23 take Kirk Snyder.
Go hard after KMart and try to resign Sura and Jackson.
Line up: PG Sura/Telfair/Diaw
SG Snyder/SJackson
SF SJackson/Diaw/JSmith
PF KMart/DD/CC
C DD/Pryz
Later in the year trade CC and Hendu to teams looking for cap space for something decent in return.
Not sure but we might have enough money leftover to sign Qrich, if so we could draft Humphries or Al Jeffeson at #23 instead of Snyder and lineup:
PG Sura/ST/Diaw
SG QRich/Sjackson
SF Sjackson/Diaw/JSmith
PF KMart/DD/CC
C DD/Pryz
After a few years you have:
PG Telfair
SG QRich
SF JSmith
PF KMart
C High draft pick