I've thought this for a while and it may impact what we do, and what West Coast are willing to trade for Bakes, as I reckon Bakes goes to WC along with Graham. Bolton is far more likely to go to Freo if we leaves.
Scenario 1
So West Coast pay Graham enough to trigger Band 3 compo (2nd rounder), we get pick 22 - Perfect.
West Coast then trade a future 2nd and a future 3rd or maybe both 2nds (this and next year) and we give them something back this year to get Champion with late picks
Scenario 2
West Coast pay Graham less and he gets band 4 or 5 compo - we get pick 39/40
West Coast then trade a future 2nd and Pick 21.
For both teams it’s better to do Scenario 1 IMO. We don't need any more later draft picks this year, would prefer them next year, or another high and trade some of our later ones also makes sense for us.