Is it really in the best interest of Melo or the Knicks to use two of the last years of his prime during a rebuild?
Tanking for a pick next year doesn't work because the Raptors have their pick, but they don't need to completely tank if we work a deal with them.
We can give them one player/item from each group:
Group A: Avery Bradley (3 years 7 million a year), Gerald Wallace (1 year 11 million)
Group B: Jared Sullinger, Kelly Olynyk, Tyler Zeller
Group C: Marcus Smart, Terry Rozier, James Young, Jae Crowder, or freedom from Jose Calderon's contract
Group D: Marcus Thorton, Phil Pressey, Chris Babb
Group E: 2016 1st rounder (Dallas), 2016 1st rounder (Nets)
Group F: 2016 1st rounder (Wolves), 2016 1st rounder (Celtics)
Group G: 2017 1st rounder (Memphis), 2018 1st rounder (Nets)
In the end, I would offer them
Bradley, Sullinger, Thorton, 2016 1st rounder (Nets), 2016 1st rounder (Wolves), 2017 1st rounder (Memphis
For
Melo and Calderon (first year absorbed into trade exemption, second year stretched)