Well if an Ellis-Allen trade is being offered, Ainge would have to be doing some serious thinking!
Making this trade is seriously risking the Celtics title hopes this season, but it could pay off big time down the track if Ellis can adapt his game to fit the Celtics.
In the end, I don't think I'd do it, purely because Ellis isn't a great fit alongside Rondo. For those two to co-exist effectively, Ellis would need to become a better three point shooter and learn to operate off the ball better.
I'd prefer the Celts keep Ray, but look at the possibility of prising Salmons or Hinrich from the Bulls for some of our expiring bench contracts.
With Deng and Thomas there, Salmons seems the odd man out. On the Celtics, he'd be perfect, because he can knock down the three, get to the basket and has better size than Marquis for defending bigger SF's. He also has a reasonable contract and I think the Bulls would let him go before they let Hinrich go. A second unit of Wallace, Davis, Salmons, House, Daniels could potentially be a nightmare to defend for other teams.
Hinrich is another solid guy you could bring in to bolster the bench. He plays good D, can make the open three and takes care of backup PG duties, as well as spelling Ray at SG. However, he's only an okay shooter and his contract is a lot bigger than Salmons', requiring the Celtics to dump an extra contract on top of Scal/ TA (probably House) to make it work (and take back a Chicago scrub so they get back to 15 contracts).
Of course, doing either deal means less money to resign Ray next season, but I think it would be worth it, because first of all you increase the teams chances of winning this season. Secondly, it puts the Celtics in a stronger bargaining position with Ray, because they can offer what they think he is worth in the knowledge that if he refuses, we have an adequate replacement.
In the end, I reckon there is a good chance we could take on Salmons/Hinrich and still resign Ray for about $8 mill.