I would trade JO for the following. However, it still remains a question if other teams would do the trade. But since we need to rebuild, I'd probably trade any number of players along with JO to obtain a player we can truly build around.
I probably would not include Artest in a trade with JO, since Ron should be able to snag a decent talent on his own merit. But for the right person (Garnet, Arenas, etc) I might consider it.
"Building around" is a big criteria, and somewhat subjective. I can't see building around Nowitzki (one dimenstional--shooting) or Okefur (not strong enough on offense) but, for some reason, can see rebuilding around guys like Ray Allen, who could arguably be one dimensional.
Also, I know nothing about financial considerations. This is just from the basketball angle. Anyway, all this starts a conversation:
Steve Nash. Yes. Trade two or three of our guards for a decent big.
Dirk Nowinsky: No. One dimensional.
Kobe Bryant: No. Bad attitude trumps great skills.
Elton Brand. Yes, definitely. Might even throw in one more for the clips.
Ike Diogu: Yes, but we get two more.
Ray Allen. Yes. Trade guards for a big.
Rashard Lewis. No. Not convinced he's at the caliber of Ray Allen.
Kirelenko: Yes, but we get one more.
Derin Williams. Yes, we get one more. Trade guards for a big.
Bosch: Yes, straight up.
Channing Frye. Yes, we get one more
Shaq: yes, they get three more.
Wade: yes, they get two more
Garnett. Yes, we trhow in another
Pierce: Yes, we get another
LeBron: Of course. For our starting five.
Wallace, Billups, Hamilton, Rasheed: Straight up for any one of those.
Prince: Yes, we get another player.
Yao: Straight up.
McGrady: Yes, they get one more
Redman. Yes, we get one more
Gasol: Yes, straight up.
Vince Carter: Yes, we get one more
Jason Kidd: Straight up (Trade our guards for a big)
Chris Paul: Yes, we get one more
Iverson: No. Not Indiana's type
Shawn Marion: Straight up
Dwight Howard. Yes, we get one more
Gilbert Arenas. Yes, they get one more
Duncan: Yes, plus three more
Ginobli: yes, we get one more
Bibby: Yes, we get two more
Mello: Yes, they get one more
Baron Davis: As fun as he is to watch, not Indiana's type (Of couse, neither are Tins, Jax and a few others. But that's another thread.)