If they (NBA) don't finalise on a hard cap, then no doubt there'll be altercations. We can't in any way define how it will all emerge.
This is about protecting the owners. Stern and Co. are being forced to become more intransigent about their stance, as evidenced by their recent take over of the Hornet's ownership. The Hornets, obviously, were the epitome of a financially struggling franchise, but there are others: Kings, Pacers and Grizzlies.
All that said, there's still no assurance that Wil is going to be available because of the CBA. One of the major reasons his contract hasn't been extended.
And yes, the 3 year deal is golden delicious. Mmmmmmmm.