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When you spend this mana to cast an instant or sorcery spell with mana value 3 or less, you may exile that spell instead of putting it into its owner's graveyard as it resolves

The last ability granted by Nazgl Battle-Mace will trigger

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So, what exactly is a budget Modern deck

Decks like Raging Bolt and Gholdengo can make use of this card to get energy back to set up for attacks on the following turn, which helps them maintain consistency after their board is broken

As stated in the news story, this was used on Japanese Pokemon cards before Wizards was ever involved