This is the only thing I don’t get. Other than perhaps some team that REALLY wants him and doesn’t want to lose out to another team once he’s released… why tell a player you’re releasing him, it gets splashed in the papers and then… then, you try to trade him?
In my opinion, you lose potential trade partners by “spilling your candy in the lobby”. Sandler Sales Training graduates will understand that reference a little more, but that’s essentially what a team does when they announce that they will release a player, but then try to shop him in a trade.
Shop him first, quietly… then if all else fails… cut him.