I'm not sure that Camby could help any NBA team anymore. He's 39, has had an injury filled career and looked completely washed up when he did see the court last season. If the Raptors don't trade him, I would expect that they eventually buy him out.
BC handcuffed this team pretty good his final 12 months on the job so now it's a roster full of bad contracts, no draft picks (this summer) and they're pretty much capped out so they can't add a significant free-agent. Unless they tear the team down and start over, I wouldn't expect to see a lot of movement this summer.