I see Ray as a commodity for a lot of contenders [or teams that think they are contenders], but they won't have the money to sign him. I think it's possible we sign and trade him to a team like the Hawks, along with a pick, to get somebody like Josh Smith. Pietrus will come a lot cheaper and is more of a 'rebuilding' type of player, while also adding veteran leadership.
I would like to see Ray back here next year, but I would rather Pietrus and a guy like J. Smith than Ray and Pietrus. By signing and trading him, he still gets a contract he deserves, while still going to a decent team.