The Eagles got off to a winning start in the United States, with manager Oliver Glasner able to hand opportunities to a whole host of young Academy stars in the second-half.
It could have been a different story had Dean Henderson not come charging out to prevent an almost certain goal just three minutes in, as the ball was squared into the six-yard box and knocked goalwards.
Palace had a near miss of their own at the other end, as Daichi Kamada raced in behind to strike the base of the post.
Wolves thought they had taken the lead when they had the ball in the back of the net near the half-hour mark, but they were denied by the flag – and that allowed Palace in.
Less than 60 seconds later, the Eagles were ahead, and in remarkable fashion. It came from an innocuous ball forwards to Odsonne Edouard, who was beaten in a foot race by Jose Sa. The clearance fell to Jeff Schlupp 40 yards out, who struck it first time over the retreating goalkeeper and into the top corner.
Palace were good value for their lead, and Henderson’s sprawling save from Tommy Doyle’s half-volley meant they went into half-time a goal to the good.
Glasner made sweeping changes at half-time, with only Henderson keeping his place, while Academy prospects Caleb Kporha, Justin Devenny, Franco Umeh, Kaden Rodney, Mofe Jemide and Roshaun Mathurin introduced.
Within five minutes Palace had proved the kids were alright, with Jordan Ayew doubling the lead after a confident spell in possession.
It came from Henderson’s long diagonal ball over the top, picking out Ayew who had timed his run to perfection to beat the offside trap. He brought it down with Dennis Bergkamp-esque poise, and fired under the ‘keeper to earn a second.
The Eagles saw out the second-half with flashes of brilliance from the Academy graduates, with Devenny regularly striding across the halfway line and Umeh willing to take on his man at every opportunity.
The two combined to move Palace forwards, but Devenny’s mishit effort was saved after he had carved out space for himself on the edge of the area.
Asher Agbinone was given a chance to impress with 10 minutes remaining, coming on for Roshaun Mathurin.
Wolves earned a consolation in the final seconds of normal time, prodding home from close range to deny Henderson what would have been a well-deserved clean sheet.
Palace weren't finished either, though, with Asher Agbinone finishing off a fine team move to round off a near-perfect evening.
For Glasner, a perfect start to pre-season and win to take to Tampa in Florida in just a few days’ time, when the Eagles will take on West Ham for the Stateside Cup.
Palace first-half: Henderson (GK), Clyne, Riad, Andersen, Richards, Mitchell, Wharton, Hughes, Schlupp, Kamada, Edouard.
Palace second-half: Henderson (GK), Kporha, Ward, Jemide, Holding, Umeh, Rodney, Devenny, Ahamada, Mathurin (Agbinone, 81), Ayew.