Just to add, the Timberwolves themselves can't clear enough cap space to sign Ayo to an extension above the MLE, because their roster exceeds the cap even if they were to renounce all of their cap holds. BUT, if there is no deal and he hits the open market on June 30, the T-Wolves will have full Bird Rights at that point, and can sign him to a better deal than anything he'd get on the open market. They could even sign him to a max deal (over $40 million/yr) without hitting the first apron - all they'd have to do is renounce their Bird Rights on Evan Turner, a dude who retired from the NBA in 2020, to clear his $28 million cap hold.