This trade happens on July 1. The Knicks send Kelly Olynic to the Nets to open up a trade exemption.

At that point, they sign Steven Adams because they are under the first apron. Then they trade Kolek for DDV and the second rounder. DDV into the trade exception

The Timberwolves do that because they really need a young point guard on a cheap contract because Conley is going to retire soon and they only have Dillingham….