Baby can't be included in any trade to a team that's over the cap because of his base year compensation.
Perk trade value is at his highest in his career, I don't think he's a throw in for a trade like this. Don't trade Perk for these guys.
Iggy and Sam for Ray, Scal and Giddens works though. No first rounders, just cap relief. If the Sixers don't like it they can go for someone else. And if we were lucky they would take the deal and buy out Ray, who could come back here in a month.
The only other trade I could picture working involving Ray would be Ray to Washington for Butler and Haywoode. With Ray also getting bought out and coming back. I wouldn't want to see Ray on any team but ours.