I think I would
A. Let James Jones and Dale go. Hate to lose both but Jones, as good as he may become, I think Grainger will be better. Dale I would love to have back but he is old, he really looked old late in the year.
B. Sign Sarunas to Mid Level exception, will be a fantastic backup PG.
C. Put together a deal to get Maglore. Not sure what it would take
most likley Fred+1st rd pick next year and Pollard? Looks like that would work
D. Release Austin
E. Find a trade for a good shooting backup 2 guard. Not sure who that would be but they would need to be able to shoot the 3 and defend the smaller 2's since we will loose Freddy. Use Bender/AJ for this. This could be tough and nothing may come out of it. Worse case we can use AJ as backup 2 and let Jon sit in his usual chair.
Then we would look like this.