Melo’s trade kicker would have given him a 15 percent pay raise in the event of a trade.
While waiving his trade kicker will help, ESPN’s Adrian Wojnarowski reports that both sides are back at “square one” in their negotiations.
Via The Jump (starting at 17:28):
“My sources tell me he’s willing to waive the trade kicker, which is worth around $8 million—so that makes it a little easier for Houston to do a trade.
“But it’s hard to match the pieces up in this. It’ll be a dance to get to that buyout and what that number’s going to be.
“Right now, it is really hard for those two sides to find a trade because they almost have to go back to square one.”