What happened: The latest 32 Thoughts episode unpacks the dynamic of a 50-50 revenue split where teams do not operate on equal footing. The hosts additionally detail the latest developments regarding Kirill Marchenko on the trade market.

Why it matters: League economics continue to shift as revenues increase. Marchenko's situation remains unresolved after he recently stopped short of making a long-term commitment.

What to watch: Watch for potential movement as the preseason progresses and rosters finalize.