Call me a skeptic, but I think that this is just heresay. Of course this option is probably being explored, along with everything else. But in the end, it is ultimately going to make more sense to just keep JJ. The Hawks have nothing to offer, from Marvin Williams to Childress to Smith to anyone else that can have the impact on the Phoenix Suns that JJ can. Our whole backup PG system is apparently going to be structured around the idea that he plays it. Some have dismissed the situation you could count on one hand the players that could step in and fill JJ's role on this team. Our window with our presently structured team is the next three years, and it is pretty well universally agreed that if we replace JJ with anything else we are taking a step back, particularly this year.
Regarding draft picks: I love them, but the Suns have shown a complete disregard for the value of the draft in recent years. We would more likely end up throwing them in as dealmakers on other trades. And a midlevel exception: who is left that we would want to blow it on? Zaza might get part, but its a little late to be making a big splash in the FA pool.
One other thing: while we don't really need Josh Smith, our system would make him look better than he is. He would excel here in the same way that Marion has. Nash would make him look pretty amazing, and he will probably develop a jumper. He is still very, very young. Those physical gifts are unteachable. But I would still prefer JJ...very much!