Not surprisingly, I look at the situation in a very different way...
I look at the players in Tiers. To simply, let's momentarily categorize all rotation players in 3 Tiers:
Role Players, Stars, Big 3.
If we had Hibbert, our team will look like this:
Big 3s: Hibbert, LMA, Lillard
Stars: Batum, Leonard
Role Players: Everyone else
Under these conditions, it makes sense to pay these players as much as they want as long as you stay under the Luxury Tax.
Here's what our team actually Looks Like:
Big 3s: LMA, Lillard, X
Stars: Batum, Leonard
Role Players: Everyone else
We need one of the following to happen:
A) Batum improves and becomes a Big 3, an RP becomes a Star
B) Leonard improves and becomes a Big 3, an RP becomes a Star
C) We sign or trade for a Big 3
By paying Batum like a Big 3, we better hope for plan A).
If you listen to Olshey, he seems to think like I do. He has said several times that he needs to trade several "assets" for a top player like he did with Chris Paul.
edit: I don't think of Deng as a Big 3. Rashard Lewis was not a Big 3 and Orlando paid him like a superstar, which was one of their downfall.