NYR aren't likely to add much salary next offseason assuming we don't want to extend Kreider, so a Smith/Staal buyout's heavy hit next year isn't an issue. We'll be losing a big Girardi buyout chunk, and also probably shedding Kreider, Strome, and Namestnikov assuming we don't deal all or most of them this offseason.
Trade Kreider or Namestnikov
buyout Smith
Trade whichever of Kreider/Namestnikov you don't deal this offseason at the deadline.
Seems a pretty simple equation. Maybe we're overthinking it?