I thought the transport does the decoding
No, that is the big difference between a player and a transport. Players decode, transports just extract the digital information.
I cannot believe how badly North Americans have screwed up SACD. If you can handle HDMI, then all you really need is a universal disk transport, which can be as inexpensive as a couple of hundred bucks, new. See: I own this 4K Blu-ray player, and I think it’s a better and cheaper option than Netflix Premium this Black Friday | What Hi-Fi?
That transport handles SACD, CD and Pure Audio Blu-ray as well as video formats. It has two HDMI outlets, one dedicated to audio. With hybrid SACDs, you can choose whether to output the CD layer, or either 2-channel or multi-channel DSD. Pure Audio opens up multi-channel high resolution PCM, as well as Dolby Atmos.
It is dead-simple plug-and-play into HDMI-equipped pre-amps. Remember HDMI currently supports 48-Gbps so why not get seriously simple?

