I think the worst thing a team can do under the new cap, is sign marginal players like KO to $15-20 million per year contracts. Limited, dimensional players that only do one or two things on the court, but are deficient elsewhere, can't get big bucks. Generally speaking anyway. KO can shoot, but what else does he do that warrants $17 million per? The mistake I think some teams are making under the new cap, is that they're overpaying players and eating up valuable cap space. Horford isn't a $28 million per talent, but the market dictated that rate. His being overpaid is a result of the territory, but it means you can't go and overpay elsewhere. I think KO is as good as gone. I thought the Celtics made a mistake in not picking up his other season. Another year at cheap money made much more sense than having to now overpay or lose the player a season sooner.
I think only one of the two is here long term, and of the two I'd sign Smart. He's a more valuable player at this point, and has the much higher ceiling. KO is limited. He's a stretch big man who doesn't give you much around the rim on either end of the court. A good player to have, but not worth $15-20 million per.