The overreactions about standing pat are pretty comical.
Danny is among the most active and creative GM's in the league. He's pulled off absolute heists of late, most notably the Brooklyn deal (which in itself serves as evidence of what can happen when you make poor trade decisions) and then later the trade for IT. He's a master at trading. If he states that no acceptable deals were on the table, then I trust his judgment. It's fine to be critical of him - we all are at some point - but I think he's earned the benefit of the doubt with regards to trades with his track record.
And to those claiming we're in purgatory clearly are ignoring the fact that we have the best odds of getting the #1 pick this draft and almost certainly no worse than a top 4 pick, along with all of the other assets we posses. It's nonsense.