I dont really feel like getting into this, but here is my thought:
The Bobcats would take Jahadi White as one of their 14 players without requiring compensation, but only if the Suns weren't in a position where they NEEDED to clear salary.
The Bobcats can require some sort of compensation, and they know it. They are the suns only realistic opportunity to make a run for Kobe Bryant, so the Suns will be willing to pay a premium.
If the Suns still had Marbury and Penny on their team, and no shot of getting under the cap, I would think the Cats would take White. Since he is a big body, and in the last year of his deal, he could easily be used in a trade either this summer after the draft, or later in the season. More teams will be looking to save money, so it is quite possibly the Bobcats could turn White into some decent role players. The Cats have to take 14 players, and I really can't think of 14 better options for them.
White's contract is one of the reasons I have hoped they will find another way to clear salary. I think he will really be able to net something of value later in the season.