Going off the quoted article by Kane here is what I think happens.
1. KG resigns on a one year $10 MM deal, although he could get more, nothing is more important to KG than winning and taking less money would allow the team to bring in better players.
2. Let me be the first to go on the record and say Bass will re up. He hasn't exactly killed it in the playoffs this year, showing that he doesn't do a ton when he isn't hitting his jumper.
3. With about $7 MM left I think we try to lure a veteran on a one year deal to try and win a title (or two veterans splitting the money). Here are some guys I think we will target.
a. Chris Kaman
b. Jason Kidd
c. Jason Terry
d. OJ Mayo (assuming MEM doesn't offer QO)
e. Lou Williams
f. Ray Allen
g. CJ Miles
h. Grant Hill
i. Mike Beasley (assuming MN doesn't offer QO)
j. Kris Humphries
k. JJ Hickson
4. Use "room exception" (like MLE for teams that start offseason under cap then go over at $2.5 M) to sign Jeff Green to a one year deal
5. Fill out Roster with three of Hollins, Sasha, Dooling, Sean Williams, Quis or other good veteran free agents.
Then again if we win the title I expect KG, Pierce, and Ray to retire, with Bass going elsewhere.