Personally, I think what's happened is that Conroy believed when he took over that the team could compete with a change of coaching, and he wanted -- and likely sold ownership -- that they could compete with the team he inherited, but he wasn't willing to be forced to pay well above market to lock in aging players.
That kicked off the "retool" that snowballed a bit as most vets bailed, and the focus turned to injecting undervalued talent into the lineup and on stocking up assets to remain competitive.
It's what he's been saying this whole time. I'm just starting to really believe him.
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