The only problem I see is we may have to pony up big to retain our own guys (Favors, Kanter, Hayward, Burks). This won't need to be done until after we make a splash in free agency, but, if you offer two guys max deals, say Harden and Curry, and get them, you probably don't have enough room under the lux tax to retain all your own guys. And that's not even counting the two more first rounders (probable lotto picks both) coming.
So, we might be in a position where we need to either make some hard choices (Favors or Harden anyone?), or we could possibly try to move assets forward or consolidate them. Moving forward and consolidating is easier said than done, for instance I inquired with Minny fans about what it'd take to get Rubio. The answer: Nothing the Jazz have or could offer would pry him away. That was before his injury, but, it helps illustrate how hard it'll be to get a young guy that looks like he has superstar potential.
Long story short, we may well end up just sitting on that cap space to use it on our own assets. But we can always hope Charlotte will take an offer of Favors, Hayward, #10 and #12 for #1. Most likely they just politely decline though.
Long story even shorter (longer) the best path for the Jazz to assemble a championship level team is to get very lucky in the draft and with the draftee. If we can't do that we'll probably be sporting the usual, good but not quite good enough, team that we usually do.