I think the difficulty when looking at trading the pick is finding someone worthy of pick #3 to trade it for. And there's not many, IMO. Most guys either fall in the far too good for 3 area, or aren't good enough for 3. What I could see happening is a number of trades made to attempt to stack the roster. This has maybe already been discussed here or elsewhere. But can see something like Simons and 3 to Orlando for 6,11, Denver '25, and like Wendell Carter. Or Cole Anthony instead of the '25 pick. Then 6 to Toronto for OG and 13. Nurk and 13 to Chicago for Derozan and our pick returned. Maybe it's then 11 and Carter to Brooklyn for Claxton, 21 and 22.
Dame/Anthony
Derozan/Sharpe
OG/Thybulle
Grant/Walker
Claxton/Watford
With picks 21, 22 and 23. Ideally we keep at least 1 for cheap youth to continue to build with, maybe 2. Then look to trade one or 2 for better depth pieces, maybe instead of Cole Anthony, or a better backup big man that can play the 4/5?
Anunoby's only 26. Claxton is 24. Sharpe is only 20. So while you're committing to "going all in", you still have talented young pieces that will all be roughly hitting their prime when Dame falls out of his, so you didn't completely mortgage your future for the present. You have great defenders in OG, Thybulle and Claxton. Good defender in Grant. Decent in Derozan. switchability on the wings. Lots of length. And hopefully Schmitz works some magic with the late picks so as the old guys exit, those pieces take their place.