After a tough year for Suggs, the Magic get off his contract, add a shooter from the bench, and gain more draft capital. With Suggs leaving, Black can now start regularly.
Utah acquires Christian Braun, a somewhat young player who won't take the ball away from the player you want to develop but could become the player he was years ago and be useful.
Denver receives a pile of bad salaries they can waive, acquires Watson with this salary cap space, and gets rid of two “bad” contracts. And use Suggs from the bench as a good defensive guard.