The only reason for a 4th team to be involved would be to send something to Philadelphia. The Spurs can basically offer that 4th team the ability to clear up to $12 mil in salary off the books. But the Sixers would have to be willing to take on whatever contract(s) that other team is willing to send out.
Here's an interesting thought...what if the Warriors join the deal in order to clear up the cap space to match the offer to Arenas?
Or perhaps the Spurs sign and trade Claxton as part of the deal and the Warriors send some players to Philadelphia?

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