I don't see why anyone would object unless there's someone else out there they can get for Sheed's contract.
Having seen the C's draft picks, it would seem this is would be the move needed to shore up the backup 3/4 spots and allow Danny to use the MLE on Haywood to plug the hole at Center until Perk can play.
Resign Ray and TA.
Team looks like Rondo, Ray, PP, KG and Haywood (starting the year)
bench: Bradley, TA, Beasley, BBD, vet min big (if Danny can get one with a pulse)
Maybe Shelden is resigned as an extra big or Erden shows up and fills the backup C spot until Perk comes back.
Harangody goes to D league or ends up at end of bench.