Extend Pierce and Allen up to 2012 when Garnett's contract expires, and extend Perk and Rondo for at least that long. Re-sign House and Powe for multiple years. Re-sign Davis and Marbury for 2 years.
Sign Hudson.
Use the MLE to sign an additional bench player.
Sign 3 players using minimum salaries and the bi-annual exception or save it for next year.
T Allen, Scalabrine, Pruitt, Giddens, and Walker all have contracts expiring in 2010 worth approximately 8 million. Make a trade for another bench player.
Say good-bye to Moore.
Lastly, pay your rather large luxury tax.
09 bench:
C- (TBD)
PF- Davis, Powe
SF- (TBD)
SG- House, Hudson
PG- Marbury
The C and SF positions will be filled by the trade (8mil) and the MLE sign (5.5mil). The rest of the reserves (at least 1, no more than 3) will by signed by using minimum salaries or the LLE (it can also be saved for the following year).
The following year trade Davis and Marbury whose contracts will be expiring (esimated 6-8mil) for a new PG. Hudson can also be traded if desired. Use the MLE to sign a player wherever he is needed. Also use the minimum salary exception, the LLE if you didn't use it last year, and the draft to refresh the third string reserves.
The purpose of this is to get as many years with our starters as possible without giving up bench support because we're over the cap. I tried to focus in areas that we need back-up, and i tried to get everything possible out of our guys without losing them to free agency. I've recently gone over the rules and I'm pretty sure all this can be done while over. Powe and House should be good for at least the next 3 years. Davis is gonna be too much money for the small role we want him to play, and there are better back-ups out there than Marbury. We shouldn't have any problem finding decent mid-level FAs with all the guys out there in the two upcoming seasons. The players we're looking to trade shouldn't go without a problem either, again due to the nice market and teams wanting to have cap room for 2010.