I guess the idea of trading up was to make sure that no one else traded with the Pacers to get Bilal but I don't think people were going to trade up for him instead of Jarace or Whitmore.
No matter what they do Simons is gone if they can move him. He's been in every trade rumor for months. I can't imagine him staying unless nobody wants him. He'll be in Buddy after the failed trade space if he's back.