It seems pretty obvious Redd is going to be moved. I think he would be a good fit for a number of teams including the Cavs (though the Cavs would have to get rid of Big Z or Shaqdaddy to get him). Hornets also seems like a good fit for Redd.
Where do you think he ends up?
Some possible trades
Cavs - Big Z & Moon for Redd OR Big Z, Moon, & Gibson for Redd and K. Thomas
Hornets - Peja, Armstrong, Songalia for Redd & Gadzuric