Sure, go ahead and trade him. Then take the $8 million cap hit that'll further cripple your franchise and set the precedent that any disgruntled, spoiled, millionaire can call you out and you'll bow down to them no matter what it costs you.
Here's what you do. Demand that he be professional and honor his contract to the best of his ability or else take every possible punitive action under the CBA against him. If he shows up and acts like a , don't play him and continue to pursue every possible thing you can under the CBA.

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