Very surprised about this, as most of us are.
I can only assume they think Menengola is a better/similar option than Caddy, plus the salary cap issue mentioned earlier where they expected Motlop to go, but since he didn't someone else had to go.
This is the really worrying part.
The club has approached the trading period with the expectation that Motlop would be picked up, despite being absolutely appalling in an equally appalling Preliminary Final loss. It doesn't seem to have occurred to them that the other clubs don't want Motlop because they've seen how he folds under pressure. To make that worse, once that occurred they didn't seem to have any idea which players to move on to try and salvage the situation.
This should all be planned well before the last fortnight. There should be contingencies. And players who the captain says will definitely be there next year shouldn't be leaving three days later.