In this scenario we would trade exum, korver, crowder, Neto, 2019 and 2020 first round picks for mike conley, and we would drop both Favors and rubio. We acquire Julius Randle, Nikola Mirotic, Danny Green, Elfrid Payton, and Nerlens Noel in free agency. I made a rough guess on how much those players would be worth annually.
POS Name Annual Salary
Starters
PG Mike Conley 30 mil
SG donovan Mitchell 3 mil
SF Joe Ingles 13 mil
PF Julius Randle 17 mil
C Rudy Gobert 23 mil
Bench
PF Nikola Mirotic 12 mil
SF Royce o neil 1 mil
SG Danny Green 10 mil
C Nerlens Noel 2 mil
PG Elfrid Payton 3 mil
SF Georges Niang 2 mil
SG Grayson allen 2 mil
PF Thabo sefolosha 6 mil
C Tony Bradley 2 mil
TOTAL SALARY CAP: 122 mil
REMAINING CAP SPACE : 4 mil