Seems like good news, if anything. Takes away a prime competitor to swoop in on a Melo trade.
Plus, trading for Richardson would have taken us out of being able to get Melo by trade or signage, assuming we didn't just trade him to be a rental.
This is a sick trade for ORL, though. And apparently they are getting Arenas for Rashard.
I don't think Chandler would be good, either, in any event. He's overpaid and will want starter money even if he accepted a role as not being a starter for us. We either need a C who fits the teams style like a glove and can move and has offensive skills (Gasol), or we need a guy who will be a role, albeit key role playing big man, who will be coming off the bench while Amare still logs minutes being a 5 (Gortat, not that he's an option, or just a guy like Glen Davis who isn't a C, per say, but we wouldn't be going for a traditional 5, so much as a bruiser of a big man who can be good off the bench and situationally and won't command starting C dollars)