Here is my realistic roster:
PG - Rondo, Marbury, Pruitt
SG - Ray Allen, House, Tony Allen
SF - Pierce, Daniels
PF - KG, Warrick, Scalabrine
C - Perkins, Wallace
I think they should just sign Daniels to the LLE, and sign-and-trade for Warrick. I think Memphis would go for a package of Giddens and Walker. They'd be able to round out their bench with some young guys while getting rid of Warrick who they apparently don't want.
A two year, 5M total deal for Warrick would bring our salary to about 81M for 2010 ('09 was 79.5M). Keep the last two roster spots open for mid-year additions or keep Lester Hudson and one spot.
My dream roster:
PG - Rondo, Marbury, Pruitt
SG - Ray Allen, House, Hudson
SF - Pierce, Daniels
PF - KG, Warrick
C - Boozer, Wallace
Trade Perkins, Scalabrine, and Tony Allen for Boozer. This brings the roster total to 12. Then add a warm body or two for the minimum (Udoka, Skinner, Ely, etc.) Against smaller centers you could start Boozer, and against bigger ones (Shaq and Howard), bring in Wallace. He'd be the perfect compliment to the outside game of Wallace and KG. After the season, S&T him or resign him for the 13M a year he wants. I also think this would appeal to Utah, in that they save about 4M total for next year (including luxury tax) and would get a cheap center for two years (rotating Millsap/Perk/Okur for two spots).
Wyc would have to want to spend though. The above roster would be around 85-86M total.