Call me unconvinced on the Connelly stuff. He's above average, maybe. Yeah he's got some nice picks that worked out. But if you really think he saw what Jokic would be today when he drafted him you just got to be kidding. That is called pure unadulterated luck in getting him to fall to the Nuggets and then develop into the MVP. Since then he's made some good moves and some bad moves, some good trades and some bad trades. Drafting MPJ was a nice pickup, but the injury risks he posed have clearly played out as documented. And then most contract offers really aren't that up to him, NBA deals for key players are pretty formulaic including the one I still expect Jokic to sign.
The only argument I can see where it is a problem for the Nuggets is the idea that maybe he could get some veterans to sign at minimum-type deals. Maybe. I happen to think the players are results driven and most would consider Denver no matter its shortcomings to play on this team right now. Players want to play with other winning players, the lack of a training facility and any perception issues of Denver compared to a glamor market are just not that big of a deal right now. Nuggets get on plenty of national TV games so its not like they are invisible.
So paying up for him seems a bit rash to me and getting equity ownership is going to be a hard no for most franchises, not just this one. Look at it as a desperation move by the Wolves who just can't do shit right no matter how many young talents they bring in. They have to do the proverbial overpay here and it really brings no assurances of winning. TC might be able to clean up the roster around the stars a bit, but its far from guaranteed. As for the Nuggets, these claims that Kroenke is just being cheap look pretty hollow when you see the tax he's going to pay for a number of years to come here for a team that the market still doesn't even really support that well. In the meantime they will get a young talent that has been raised on the Moneyball game and know the limitations of the market, but also be in a spot where really not a whole lot of key decisions are to be made for a number of years to come.