Cleveland's only problem is the number of choices remaining. They have a safe pick in Kyrie Irving and put decision pressure on Utah and Minnesota.
Picks two and three had to take a look at Derrick Williams and ask themselves: What is he and how does he fit with us long term? It is conceivable (though doubtful) that Williams could slip to them. If Williams is on the board, pick Williams.
Let's assume Utah took him off the board.
This is the Cleveland Cavaliers depth chart:
PG: Kyrie Irving (Drafted), Baron Davis, Ramon Sessions
SG: Anthony Parker, Daniel Gibson, Manny Harris
SF: Alonzo Gee, Christian Eyenga, Joey Graham
PF: J.J. Hickson, Samardo Samuels, Luke Harangody
C: Ryan Hollins, Semih Erden, Anderson Varejo
There are four remaining positions they can upgrade in this draft. As mentioned before, the overlap created by drafting Irving will allow Sessions to be traded (Baron Davis is untradeable due to his contract, performance and injury history.).
From here, they should look at the front court. Antawn Jamison is in his last year with Cleveland and in the twilight of his career. A package including Ramon Session can get them a small forward or off guard.
Cleveland has shored up their backcourt with a distributor that can also score and should this pick on the position hardest to fill: Center.
How many teams in the league are elite at the point guard and the center position? How many teams want to be? The risk is worth the potential reward. If you can combine a "Chris Paul-ish" player with a "Dwight Howard-ish" player, do so at the earliest opportunity.
What Should They Do?
Draft Jeremy Tyler (San Diego High School via Japan).
Why Should They Do It?
Jeremy Tyler is a lottery pick, especially if you have two of them like Cleveland. Other lottery teams will be interested in him, so draft him now and combine him with your safe pick in Irving.
I had to search, but I am not alone in this view (See: Jeremy Tyler...Lottery Bound...).
The worst that can happen is you end up with a great athlete that can shoot the ball, rebound, run the floor, set screens, block shots and dunk in transition or traffic, whichever you prefer. He also happens to be 6'11" and 260 pounds, so there is no worrying about whether or not he can bulk up to NBA standards.
He is the other potential superstar in this "weak" draft that most mock boards do not even have in the first round. Anderson Varejo is anything but the future of the center position on any team that wants to compete for a title.
Most Mock Drafts Are Cookie Cutter:
Any draft boards that still have him available are in the second round and Bismack Biyombo in the Top 10 are completely laughable. Somebody put Biyombo in the Top 10, and everyone jumped on board, even though he is extremely raw offensively.
Biyombo looks like Ben Wallace, so Detroit will take him eight overall? That's ridiculous. You cannot build a team around a Ben Wallace, and Detroit needs to rebuild.
Houston has the 14th pick and no healthy Yao waiting in the wings. 76ers">Philadelphia 76ers(16th pick) wants to get more athletic, has Elton Brand in decline and a great (one of the best) developmental coach in Doug Collins.
Do you think the Golden State Warriors (11th pick), Boston Celtics (25th Pick) and Charlotte Bobcats (ninth and 19th picks) are all going to pass on this guy to get a combo guard or a "tweener" forward?
Golden State is starting Andres Biedrins! Nice athlete, no touch, no offensive skills. David Lee spends time at center. The Celtics are starting Jermaine O'Neal! The guy is held together with Ace Bandages and BENGAY! Charlotte is starting Kwame Brown!
What the about New York Knicks? They most likely will not have the cap room to sign Dwight Howard without a significant pay cut. And they are one of two teams that does not have a single center on their roster.
Of the centers in this draft, Jeremy Tyler has the most upside. He has a big frame, phenomenal athleticism, the ability to shoot out to mid range, end-to-end foot speed and a chip on his shoulder.
More importantly he is not going to be on the board when the Cleveland's 32nd pick roll around.
He is 19 years old and already has the skills that are the most difficult to teach a center. The ability to shoot the ball accurately and the ability to dribble. With his athleticism and touch, he is worth teaching everything else.
Scouts and general managers have been suspiciously silent about Jeremy Tyler.
A Bit Of Recent History:
Hasheem Thabeet was a second overall pick and he had nothing in his bag when it came to offense. Kosta Koufos was a 23rd pick. Spencer Hawes was a 10th pick.
Jeremy Tyler is athletic, can shoot and we know his real age, unlike Hasheem "Tha-bust." It's OK to pick him in the Top 5.
How It Can Backfire?
He could be a head case and keeps listening to the people (himself included) who mishandled his career up to this point and got him shipped to Japan.
Who drops out of high school and goes to Japan to develop big man skills?