Time management are an extreme scenario, NOT the main use of fouls.
Fouls are conserved and used throughout the game. They're usually somewhere between intentional and accidental - you'd rather get your hand on the ball and not foul if you can. But you'd often rather foul than they get the 2 points if those are your only options. And how many fouls you have left against their best shooters is a major consideration throughout the game.
There's an anecdote about some Kobe Bryant trash talk that I think demonstrates both that fouls are valued for stopping 2 points, but ALSO the per-player foul limit is an additional consideration and separate strategic consideration.
> So we were playing, and you know it was like a two-on-one break. And, Caron Butler fouls and stops the break. So everybody was like, "Good job! That stop stops two points."
> So, Kobe comes out... and we’re all like, "Good, Good. You saved two points."
> Kobe walks over to him and says, "Hey, who are you guarding?", and Butler responds, "You!", and he goes, "Huh... How many fouls you got?". And Caron says, "I got one!" and Kobe says, "So you only got five left? Well, you need all six fouls to guard me, and you just wasted one... on him! It’s a stupid... stupid play!"
> And you had to think about it like... "God, he’s right!"
Fouls are conserved and used throughout the game. They're usually somewhere between intentional and accidental - you'd rather get your hand on the ball and not foul if you can. But you'd often rather foul than they get the 2 points if those are your only options. And how many fouls you have left against their best shooters is a major consideration throughout the game.
There's an anecdote about some Kobe Bryant trash talk that I think demonstrates both that fouls are valued for stopping 2 points, but ALSO the per-player foul limit is an additional consideration and separate strategic consideration.
> So we were playing, and you know it was like a two-on-one break. And, Caron Butler fouls and stops the break. So everybody was like, "Good job! That stop stops two points."
> So, Kobe comes out... and we’re all like, "Good, Good. You saved two points."
> Kobe walks over to him and says, "Hey, who are you guarding?", and Butler responds, "You!", and he goes, "Huh... How many fouls you got?". And Caron says, "I got one!" and Kobe says, "So you only got five left? Well, you need all six fouls to guard me, and you just wasted one... on him! It’s a stupid... stupid play!"
> And you had to think about it like... "God, he’s right!"