O.J. Mayo and Ramon Sessions to Indiana in a 4-team deal (Proposed trade)
Admittedly, this one is a little difficult, but put the pieces together and it all makes sense. Cleveland trades Sessions and Ryan Hollins and gets back a great guard prospect in Eric Bledsoe. Memphis trades O.J. Mayo and Marreese Speights, and gets back a real power forward in Tyler Hansbrough and a real backup guard in Randy Foye. (Side note: The trade machine blew up once I added Speights to this deal, so I left him out in the link. But he'd need to be in it to keep Memphis under the luxury tax. Speights can go by himself to Cleveland and not as part of the rest of the package since Cleveland is under the cap.)
Indiana gets a guard who can actually pass in Sessions, a long-range shooter in Mayo, who they can keep as a restricted free agent, and a fourth big in Hollins, and deals out three bench players (Hansbrough, Dahntay Jones and Amundson). And the Clippers deal from their excess at the guard spots to fill in the roster, sending out Foye and Bledsoe and getting back a wing defender (Jones) and a frontcourt reserve (Amundson). If they really need another point guard I'm sure Indy could add A.J. Price to this swap, too.
(Finally, a quick aside on the Clippers -- heck yes, that was the best dunk I've seen since Vince posterized Frederic Weis.)