It's a good question. It's highly influenced by available money (currently the full MLE + vet min contracts) and roster spots (currently 1, would have to trade to make more) (assuming Gay is resigned). Assuming we can make a trade or cut Metu to add a roster spot, the tradeoff looks like this.
a) Milutinov (at at least $4M/year) + maybe another low-level vet (with the remainder of the MLE)
vs.
b)A full MLE Wing + vet min big
or
c) a full MLE Big + vet min wing
Hard to call without strong knowledge of how the FO asses Milutinov and the various markets. What I'd try, is use Milutinov's rights + a player to make a roster spot, pushing us to B or C. As I think there are going to be some pretty decent bigs for the vet min (Noah, Boban, ???) as they are undervalued right now, I would go with B to produce the strongest team next year...