let's go about it the other way around, instead of making a wish list to keep, who do we need to protect, taking into account contract status which is an important part as well.
Free Agents at the end of the year:
Kenny Anderson, James Jones, Jamison Brewer(?)
BIG question, does Reggie's contract contain an option for the second year, because in that case he can not be part of the extension draft.
Let's assume that they knew the rules of the draft when they signed Reggie and it would be silly not to use those rules, if they haven't then such is a major screw up.
That leaves 11 players to "protect" (without Reggie)
Some are definitely not questionable, you don't throw away major forces:
Then the talent in which you have invested a lot of time and money:
The talent you want to keep
that leaves the following players "fighting" for 2 spots
Croshere (no use to protect him, his contract does)
Brezec (will be protected)
Anthony Johnson (again contract, option? one year left)
* depends on the position and "future" of Brezec, Pollie is less likely to be "taken".
So my list would be with contract questionables marked with a *
Unprotected roster members:
Yes Foster would be unprotected if Reg's contract was stupidly enough not made in a way that they would have the advantage at this draft time.
However, his contract makes it highly unlikely (just like Pollie and Cro) that he would be picked, the expansion is only allowed 2/3 of the cap, which is certainly not enough to give away millions to single players.
There is also the option to trade "future" or immediate draft rights in exchange for a "no pick" agreement.
Why protect Brezec and Jones, simple as far as Brezec is concerned, they still see him as the second coming of Smits and Jones' play speaks for himself, their price is of a nature that they would both be very interesting for the expansion.