So, Orlando could keep Gilbert Arenas + Hedo Turkoglu until next summer. They will have to keep Duhon + Q-Rich because their is no trade market for those players unless they are willing to give up future picks which they'd need at a later date. Plus, Ryan Anderson is on the books for another 12 months.
PG - Arenas, Duhon
SG - unknown
SF - Hedo, unknown
PF - R.Anderson, unknown
C - Dwight Howard, unknown
Orlando could also use their mini-MLE to sign a player to a one year deal. They could probably get Earl Clark back to backup R.Anderson. Minimum contracts. Plus, whatever expiring contracts they would receive in exchange for Jameer, Redick and Bass.
PG - Arenas, Duhon (TJ Ford?)
SG - J.Moon, R.Carney, D.McGuire (R.Butler? M.Redd?)
SF - Hedo Turkoglu, K.Azubuike (M.Daniels?)
PF - R.Anderson, V.Radmanovic, E.Clark, J.Powell
C - Dwight Howard, J.Magloire, T.Battie
I think that team could win 45-48 games in the East. Obviously, mainly due to the great Dwight Howard.