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Hall of Famer
I do consider this good news really. I was eager for us to trade the pick during the Jimmer year (not the way we did it), and last year as well. You have to turn a corner at some point, not be a D-League team developing talent. But the question is with #8 falling just off the main talent shelf, what can you get? I still have half a thought the way to go might be to trade the pick to the Bulls, ending our continuing obligation to them in the process. If you could do that in such a way you got back a later pick then you've killed multiple birds with one stone. Ended your obligation to the Bulls, but still gotten a first round pick (later), so it does not count as you having traded this year's pick, and you are free to trade any future picks you need to in other deals.
I was hoping they would trade pick outside of Embiid. Your scenario here is great. Trade #8 for #16