Unless Sheed comes out and says he's retiring, or privately confirms to a team he's going to retire without demanding a buyout, he is a 2-year, $13 million contract or, in a best-case scenario, a $5 million buyout and cap figure that can't be traded later. Foster has a 1-year, $6.5 million contract that can be traded through February to a team desperate for an extra big man. Murphy also has an expiring contract.
The trade proposals here make NO sense for Indiana from a personnel or financial perspective, or, for that matter, a PR perspective. They've done all they can to remove bad-apple players from their roster. While I think Rasheed was good in our locker room all year, he's shown that's not always the case.
This trade just doesn't make sense for Indiana. Think about what you're giving them: (1) No substantive cap relief if any at all; (2) a "chance" to draft a player they'd definitely be able to draft with the pick they're trading; (3) a player they don't want and hope will retire; (4) no point guard, which is what they want to get.