Trade the pick for Davis but not for the package mentioned. That's just bonkers. They (N.O.) would take Tatum, salary fillers (Smart, Yabu) and 2 picks (Sacramento and Memphis). Those picks would be huge assets if Sactown gets us a top 3 pick.
Marcus smart is not “salary filler”. He’s a very good to great defensive player who can run an offense, has become an average 3-point shooter, and who just makes winning plays. Yabu is “salary filler”.
Take smart out of that deal, and we will still have a better offer than anybody else. Not better than Davis, but better than anybody else given that he has got his bags packed.