Don't see how this is a terrible move?
You gamble a pick that has very little chance of working out (and you have a lot of them) for two months worth of exclusive negotiation rights for a guy who can apparently step right into your top 6 lineup.
Low risk, huge upside. Sends a strong statement to fans that you are doing everything you can.
And if he does doesn't sign, meh.
I like it a lot.
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