The more that I look at this offseason and what Jerry West has done in the past, i've realized not to expect much this offseason. If what they are trying to do is create cap room and build through the draft much like the warriors did, then I see a couple of things happening.
For the draft picks, I would expect them to keep both picks, unless, there is someone they must have and they move up for them. Or the only other option that I can see is to package one of them to get rid of Gallo's contract. After this next season, Gallo is the only sizeable contract still on the books. Lou has a great contract keeping him cheap. Other than that, we will have mostly rookie deal players and a lot of cap room with Tobias, Bobi, etc all expiring. If we can find a way to get rid of Gallo's contract, it could leave us with close to enough room to sign 2 max level players to build around the rookie deals that we have in place.
Jerry West has a plan. It will take a little bit of time. But I would expect that the biggest decisions they will make is through the draft and whoever they sign for the MLE.