Like I posted on the other thread:
I knew the whole no-trade clause thing would be a non-issue, because at the end of the day if we sucked enough, Melo would demand a trade. In fact, didn't 'a source' say at the time, part of his reasoning in signing with the knicks was guarantee the money first, and then he could always ask to be moved later (and I know people will blast him for that, but it's what most reasonable people would do in that situation).
I think we need to move Melo. It was a good enough idea attempting to rebuild around him, but I think this season combined with the realisation that there are no magic bullets in free agency (most of the top FA's are staying put), indicates it's going to take a lot longer to fix this mess. A top pick would be a great start, but I don't think Melo will have the patience or health for the three or so years it might take to start contending. If we keep him, likely we just miss the playoffs next year (or maybe scrape in). There's a lot more pressure if we keep him to blow our load this offseason, when the crop of agents available isn't worth it.
The problem is, I don't see how a deal with the Bulls is possible, even with a third team- we just can't match the salaries. I don't really see any other contender that he would fit with.