I think it's simply because of our situation. It would tie up all our priceless cap flexibility, and merely getting Batum isn't even getting us to the post-season, so why do it? The Wolves have a team they think will take them to the next level, that next level being a .500 team that doesn't make the playoffs. So if they want to break the bank on Batum, more power to them.
I'd only retain Batum if we get a needle-changer at center through a trade. Otherwise, fuck it, let's all take a long vacation and reconvene here same time next year when there's something positive to talk about.