Judging by the contracts given out, I think most of the teams believe that the salary cap will increase significantly with the new media deal. I think its also why a few of these stars are signing on for 2 years rather than 4 or 5.
I agree that Bledsoe is not a max player now but I think, injury permitting, that he might be by the end of that deal. If we had some more cap flexibility and more good young assets and/or picks, I would probably do that deal anyway because even if we were signing him to an offer sheet, it would be to the max deal.
I really like him as a player and I think Cousins-Gay-Bledsoe has all sorts of good potential there. I also think that Stauskas with his game complements Bledsoe as a backcourt partner really well. He can handle, he can pass, he can shoot and that is what you would be looking for in a player to put next to Bledsoe in a backcourt! Bledsoe is not the greatest of passers or decision makers but by pairing him with someone like Stauskas it releases the pressure somewhat and he could just play. Its why it worked so well with Dragić last season.