I think the Wolves will make every effort to keep Ayo. He is equally valuable with the ball in his hands or complementing Ant. TSJ, on the other hand, needs the ball in his hands, as Finch seemed to discover just last night. He'll either be the guy that spells Ant for a few minutes, or he might be a trade chip as he could be a nice piece for certain teams that would utilize his strengths. On the other hand, the Wolves more than any team know you need depth to navigate the NBA season and then the playoffs.
I agree about them wanting to keep Ayo based on his role flexibility, which by the way is the biggest thing scouts failed to appreciate about him in the draft. His role was scoring-focused at Illinois because that's what the team needed, but he always had complimentary skills (Billy Donovan understood that immediately)
But then that's another expensive long term deals, which Minny already has with not just Ant, Gobert and Julius Randle, but Naz Reid and Jaden McDaniels too.
TSJ is cheap, which is valuable to Minny, but affordable depth elsewhere is probably more valuable to them.
Just spitballing, but the Bulls may be hiring some of Minny's braintrust shortly
Tre Jones and Isaac Okoro for Donte DiVincenzo (expiring), TSJ and picks?
Tre Jones is a solid player on a really good contract the Bulls have no use for, finding a buyer should be a priority this offseason, and Jones and Okoro are quality flexible vets that would give them much better depth, especially with Mike Conley and Bones Hyland leaving.
To what extent that last year of DiVincenzo is an asset versus a liability heavily depends on exactly when he'll be back, which is probably unknowable today, but the Bulls would (should) be happy to just eat the money for cap flexibility and future assets.