Well, beneficial to Allen except for the $21 million the team still has to cough up. So not 100% dream result. Not 0% either, just not 100%.
The article brings up the fact that Miles can sign with another team upon clearing waivers. The article also states that it is uncertain whether Miles has the desire to play. If Miles does end up playing again, whether in the next two years or after, his injury couldn't really be classified as "career-ending". If the Blazers wanted rid of Miles they could have bought him out. They'd take a hit on his cap number, but they'd be rid of him. Or they could have traded him off to another team for picks and parts. But they didn't. Does involving the league and its independent doctor benefit the Blazers? Sure. It gets Miles off of the cap. But the league isn't in the business of letting teams off the hook for luxury tax considerations. The bit of business in the article about Miles joining another team? Yes he absolutely could. Just like Keith Van Horn did. Until Miles files retirement papers, any contract he signs makes him a financial commodity, not an on court asset. He had microfracture, so the odds of him coming back are unknown. Kidd and Amare have come back from it. Houston, and Penny did not. If Miles "had the desire to play" and his injury wasn't career threatening why wouldn't he suit up for the Blazers? Allen loves him, the article makes that plain. Cheeks is gone. Ditto Randolph. The team as a whole, are a pretty likeable bunch. They're up and coming, and have the talent to challenge for the playoffs for the next few years. I just don't see the nefarious machinations of the League Office at work here.
You're probably right, I was just throwing out my first impression.
/bangs fists on head, calls Zach Randolph 
Good move by the Blazers. He was dead weight and didn't represent the STL how he should have. He was always injured and they should have cut him like 2 or 3 years ago. The Blazers now have a good young team with Roy, Aldridge, and Greg Oden will probably play next year. Mark my words, the Portland TrailBlazers are going to make the playoffs next year in the tough west.
Remember the starting lineup for the Cavs when LeBron first entered the league? C Ilgauskas F Boozer F D. Miles G Ricky Davis G LeBron One of the sloppiest-playing teams I've ever seen in the NBA. As I recall the Cavs blew up this lineup just about as quickly as humanly possible. It was fun to watch for a few games though!