because he is still a great player (top 3 offensively and decent defensively) and they might as well go for it since It won't kill them asset wise. so if it fails they won't be destroy them and they as a ball club just need one piece. If
can stand on 2 feet long enough to play a Wade type role to melo, and Noah they could be a better team overall.
Knicks are on the other hand not there, and won't be for 2-3 years into Melo's next contract on top of the fact the knicks have already instituted a reset cap wise for the team. Its not like keeping him ensures we'll be better than losing him. Also this injury helps the knicks if they want to trade him because you know Melo will want that 5th guaranteed year now, even if doesn't take on a Kobe Max.
Also Reinsdorf is not going to want to pay 16 million to boozer to play for another team. Dude is wayyyyyyy to cheap to do that.
On the flip man I'm not going to fron if the knicks decide to keep Melo
come 2015 we going for that chip.