It wasn't the Warrick dump it was the Carroll buyout that made that trade chip disappear. The question is did Demps tell Loomis "I don't see any potential trades coming up and I can save the team money with a good will gesture" or did Benson say "Sean Payton is about to ask for a raise, be a good red headed step child and give me your lunch money." Demps is an advanced stats guy too, so he may not have had any interest in Rudy Gay, who was really the only likely big money player to hit the market. As much as we've talked about guys like Jennings and Iggy, stealing them away in FA is really the only way that would happen. Teams don't trade stars until they are absolutely forced too.this trade could be done if the Hornets still had Hakim Warrick's expiring contract, but Dell got rid of that chip in a move I still don't fully understand.