Decision making:
Trade Carmelo, and if not bench him - markedly reducing his minutes (<10 minutes) so as to allow the team to lose to the level of the young players, raising the value of our draft pick. Teams have the right to build correctly and he has the right to stay in that environment. Individual basketball careers don't supercede employer rights. If he's unhappy, and the media pounces, frame it so it becomes media vs melo or melo vs the fans.
The next draft looks at first glance to be about 3-4 deep in terms of star potential (Porter, Ayton, Bamba). Nets (Celtics), Suns, Sacramento and Orlando will be in the mix for those positions. With Rose and Melo hopefully gone, we are in the mix here. That said, we should consider signing high work ethic players who won't move the needle too much per se. Yes to Ron Baker.
Acquire 2019 draft picks - this draft looks quite good even casually observing. Use cap space for this purpose out to 2 years. Ex. Take Iman Shumpert
for a 2019 1st round draft pick. Yes to George Hill on a reasonable contract (3 yrs 48 mil) only if you flip him for a 2019 1st round draft pick early mid-season. Same idea with Korver etc. If Lee gets you a 1st round pick here, trade him.
Don't trade KP, unless you can sell extremely high - i.e. Boston's treasure trove - Nets pick + LA pick. Monitor league perception on Willy.
Hire a GM who rose into administration from a scouting position.
Sh-t in the popcorn to go with sh-t on the court. Its a theme show like Medieval times.