I'd think they'd want Blake instead of Sergio (for all the reasons we would...spot-up shooter, can play off Mayo, "veteran", not make many mistakes, defense isn't as important in MEM).
Blake and Outlaw and Diogu for Conley/Walker works. Walker becomes our 14th man, paid to wear a suit like Raef and be an expiring contract. They "upgrade" Conley for Blake, and get Diogu and Outlaw for some scoring punch (and some talent for Walker's contract).
Kind of a steep price to get Conley. But if we're really "letting the cake bake" this year, I'd rather lose with Conley/Sergio/Bayless than be ok with Blake. He's not a part of the Future, right?