One Last Sign-And-Trade?

After coming to terms on a sign-and-trade with the Houston Rockets for Marcus Camby, the Knicks still have Dan Gadzuric and his $1,352,181 contract to play with. I’ve had people ask me about including other player’s, notably Renaldo Balkman and Mike Bibby, salary in a deal, but teams are not allowed to trade players they’ve released, even if they’re still getting paid (Balkman) and Mike Bibby would have to agree to a non-guaranteed deal just to help the Knicks (unlikely).