I'm thinking HBK, Orton and Christian go to Smackdown and Haas, Reigns and Heidenreich to RAW. If the draft is after Backlash and Jericho loses to Benjamin, I could see him going to Smackdown.
I think Dave Meltzer mentioned several OVW guys will be called up soon, so the draft may be half (3 for 3) current guys and half new guys. That would at least make it feel more like a draft than a trade.
Raw drew 3.4 mil with no football on and the third hour rating sunk like a stone http://www.pwtorch.com/site/2016/01/20/jan18rawratings/ They're pretty much at the worst ratings in seventeen years and even Brock is not making a difference.