Best case scenario for us:
We trade Rasheed, Gaffney, and LaFayette, cash, and a #1 to New York. We sign David Lee to a deal beginning at $9.9 million per season. New York cuts Gaffney and LaFayette, and Rasheed retires, leaving New York's cap space intact.
Of course, I don't see a ton of incentive for New York there, since they're giving up an asset for not much of anything, but that's how we could structure it.