I'm at least waiting until the 2018 trade deadline before thinking about buying him out. If the team surprises and we manage to fight for the 8th seed we should keep him until his contract expires unless of course an offer the Knicks can't refuse comes the Knicks way. As long as Melo is on the team there is the possibility of trading him, buying him out with a full 2 years left on his contract makes no sense to me.
We also have Noah who we might have to stretch this year, we would have 2 guys taking up nearly 30M salary cap space if the Knicks decide to waive him and Melo. Better the Knicks wait to use that buyout on Melo after the Noah situation becomes clearer.
The Knicks are not surprising anyone, we added no one really to a team that was already bad and one of it's main pieces wants out. The teams below are better than us right now a couple making improvements
Hornets
Pistons
Heat
Sixers
We probably should open up cap space by waiving Melo(stretch him) to facilitate trades for this yr of unwanted contracts and possibly get back picks. For the record Noah and Melo are owed the same amount of money so it really doesn't matter which one you stretch. Unless Melo opens up his list then it's not really advantageous to us period. \
I feel it's MORE IMPORTANT for our youth to not be distracted during their developmental yrs I mean come on can we have 1 yr where this isn't the case?