Jamison will be 32 this summer, so I don't believe he came to the age to sign veteran mins for exceptional reasons (championship contender, hometown team etc.). He can easily sign a MLE with any team for 4 years long in worst case. I don't think he's an option for us, nor would we buy him bargain.
I had written down in another thread. The critical point is the following: even if we decide to sign-and-trade Okafor, until trade date, he'll engage a cap space about 14-15 millions. So without deciding Okafor's fate, we'll have very limited opportunities to upgrade the team (namely, only MLE and bi-annual)
This summer Felton and May are eligible for extensions, you know. I think May's situation is no question, he won't be extended until seeing him healthy on the floor, that means he'll be restricted FA in 2009 summer. Thus he won't be a threat to our cap space. Felton's situation is a little complicated. Maybe you can remember, once Larry Miller said that he'll extend Deron Williams to a maximum contract. Similarly, Chris Paul likely would get maximum. Felton was compared to them when they were drafted. So what is Felton's caliber comparing to these two? We should decide on that. I don't think Felton will be traded.
Similar contract situations of last year are: Jameer Nelson had 35 millions, Devin Harris had 42 millions of extension for 5 year. Is Raymond better them? I think yes. So I predict a 48-50 million extension for him, while Okafor will be settled for 65 million (if he deserves or not is another subject). Yes, beginning with 2009-10 season, we'll probably get into a terrible salary situation. Probably exceed the lux tax limit. But if we'd like to keep this core which we've been working on for almost 4 years, we have to pay.
We're not a rebuilding team or expansion team anymore. You can begin forgetting high paid FA's. We will have no more than MLE to sign 'em.