I say we sign Danny Granger to a 1M contract with a team option for 2M in the second year, plus incentives based on games played. If there's a way we can make him hang out with the boys, shoot some pool, movies, games or whatever, that'd be sweet too.
If we can't trade Hayes, Novak for a draft pick I say we just keep'em, since they don't disrupt team chemistry and that's important as well. Of course they are always avaliable to be included in a bigger deal.
Realistically, we aren't in a position to use our cap space to acquire assets unless we can determine we won't be players in the free agent market for 2015-2016.