They fumbled it by letting him play these past few seasons....should have moved on two years ago really...
This, they didn't really "fumble" his value. His absolute lack of real (negative) value in today's NBA has simply been exposed but they had to turnover that entire '21 ECF roster w/o alienating the fanbase.
But I don't think they could have moved on 2yrs ago without a fan revolt, they just couldn't get any value for him and have been trying for 3yrs. But you simply can't trade a 3x (now 4x) AS in his prime, leading the league in Asts for a mediocre 1st and a swap when Mikal Bridges nets 5 1sts . What the Hawks have done is let the fans see he hurts the team (15-13 with, 2-8 w/o) and that its ok to salary dump him.
Trae was never actually valuable and tradeable at the same time. At 23 he was super valuable, he looked like maybe be could be a off-brand Steph, but you couldn't possibly trade him at that age putting up 28/10 coming off the ECF. By 25 they were ready to field offers, but dude was avg'g 25/11/3 so fans would never accept the value they were being offered, like I seriously doubt they were ever offered 2 good picks and mid-twenties picks don't actually offer much value (that's why Bridge cost 5 of them). Other teams knew he was the absolute worst defender in the league and the most heliocentric player in the league.
His value is and was only to tread-milling and selling jerseys to teams that are happy live on the treadmill. And for fans of teams that are absolutely desperate for something/anything, like 1/2 of Spurstalk before we traded for Fox. A huge part of that board wanted to trade 3+ 1sts + DV and KJ, including all 3 Atls, for Trae. Pepperidge Farm remembers.
IMO they didn't fumble his value, they simply could never get any real value, there was a change in FO/Coaching philosophy and certain NBA/fan/business realities.
Blockhead McMillian and Travis Schlenk (GM) would've be ecstatic going 43-39 every yr. Just treadmill and get paid for 5yrs. Beating the 76er's in 7 to get to the ECF set the bar way too high though, Trae 28/10 made his perceived value way too high as well.
Quinn Snyder was brought in to do what he did in UTA, take a loser to a 50-win team. Landry Fields was promoted from Ast to rectify the mistakes of Schlenk, take the heat, and ready the job for someone better.
Saleh and had the best off-season in the NBA getting that Pels pick + Newell, signing NAW to great value, getting in on the KD trade to move salary that let them get Kristaps as a salary dump, signing Kennard to an expiring/1yr deal, and saying "fuck you" to Trae's extension and seeing how everything looked with this roster which looked like it could be real in the East. They add a top3 pick and this roster with capspace looks real moving forward.
It's a Trae salary dump away from having a good core + 3x 1sts this yr including that Pels likely top5 + $80-100M in cap space. Hawks haven't been this well positioned in 15+ yrs and the fans are ready to except losing a 27y/o 4x All-star for nothing, looks to me like they played this very well considering the whole picture, where they started, and what they could actually get another team to give up for Trae.