Utah was hoping to sign Hayward for less than the max.
Milwaukee knows with the cap rising, that Middleton will get the max.
What will happen:
12:01 ET, Milwaukee calls Middleton's agent and says, here is the most we can offer. His agent will say, "OK."
Maybe, MAYBE, they try to negotiate for a PO after two years. Maybe they push for another year. BUT, they most likely won't talk to any other teams.
There's even less of a chance Leonard and Butler make it that far.
What's most likely is that all three players are on vacation, the calls are made at 12:01 ET, and the agent calls the player at 2 pm the next day to set up a time to sign the deal when the player returns from vacation.
If Middleton believes he can get a new max next year, why would he sign an old max this year and forego $5m per year?