it probably will decimate the maxes over time and pull down salaries in free agency.
The prior Spurs model will be the way to go, hard as it may be.
Because going by memory the Spurs never had 2 max players, even when Kawhi got maxed Duncan had already transitioned down.
Parker never got the max iirc, neither did Ginobili.
What teams won't be inclined to do is what Denver has done, maxing Murray and Porter. It doesn't make sense to just max every young player who can score 20 a night. This will eventually focus the max for smart teams to only be used on MVP type players.
Giannis yes, Middleton and Jrue no. Two maxes makes sense only with 2 MVP level players or 2 hall of famers. No more maxes for Tobias Harris.
Dumb teams that will still operate this way and find themselves screwed.
Spurs don't really have to adjust because they already are operating like they would never hit the 2nd apron because they're so cheap and broke.
The reason I think it will hold down free agency is that teams won't want to spend big on players who aren't superstars when they know the tax will be right around the corner. I could be wrong, but we'll see with Keldon Johnson over time. I suspect that when his contract is over, he probably won't be in line for a raise (as a % of the cap). What team is going to spend that kind of money on a Keldon Johnson when their own guys are going to need maxes?
Spurs have their 1 max guy now, Wemby. They shouldn't be too focused on keeping caproom for a possible max free agent, that's a bad idea, though I suppose as long as that contract ended before a Wemby max extension kicked in it would be fine.
But it does make sense for them to sign and trade for players to WIN NOW. Why? Because I think that it's hard to get players to buy into the idea of taking less when their next deal comes up without a le in their pocket. Manu and Parker wanted to win and had experienced winning.
Go get some good players now who can play in a finals series without jerking around the payroll. That means yes to a guy like Brook Lopez on a 2 or 3 year deal, no to a guy like Jordan Poole with his 4 year deal.