In Modern I would play it with Hellrider and a bunch of goblin tokens generated by Krenko
Quite simply, the Break card, which falls into the Steel ink type, allows the player to banish an item card
Black in Theros: Beyond Death also combines a mixture of nasty instant spells like Final Death, which exiles a creature immediately, and the delightful Eat to Extinction, which devours the opponent creature - like the rotted black giant depicted on the card
Those are the kinds of cards made for Commander
Interestingly enough, this Drop doesn't just reprint Dogmeat, Ever Loyal from the Scrappy Survivors deck
For competitive Commander (cEDH), the barrier to entry can be overwhelming due to price tags that run into the hundreds or even thousands of dollars