I say we wait to see who's left out in the cold. I'd offer it all to Chauncey Billups, myself (2 year deal, second year not guaranteed), but I think he's going to OKC. Still, there's no way they'll offer him $4M, so he'd have to think about it. He would work well next to Lillard OR CJ.
He was never a part of the cap number. He wasn't counted against a cap hold and he was never offered a contract. No change to cap number because of Withey being here or not.
Can those be combined? $3.5 mil and $2.6 mil could bring in a couple of serviceable bench players (which might be all the Blazers need, anyway), but $6.1 mil could yield something more.
No because they are two separate things. The $2.5 mil min mle is by itself and can't be used in trades or space available.