The Pelicans are 2.5 games out of the playoffs. That means their pick very reasonably will end up 15+. Stein is also reporting the pick is Top 3 protected, so even if the Pelicans did struggle, it's not going to benefit the Kings.
My takeaway: If all Cousins cost was Hield, an expiring contract, and a pick that will end up 10-17, there's no way in HELL I'd be willing to trade the 2017 Brooklyn 1st for Jimmy Butler. Sorry, but Butler isn't nearly as good as DeMarcus Cousins. Our comparable package would have been Jaylen Brown (similar to Hield) + Zizic (they say he'd go 11-15 in this draft) + an expiring contract (what Evans is) + a 2nd.
Say what you want about Cousins' attitude, but even so Jimmy Butler should cost half as much as Cousins. The market has been set. I'll be pretty disappointed if we even gave up a single Brooklyn pick straight-up for Butler at this point.
Also, since people expect it of me at this point, I'm going to point out that the 76ers are thrilled at this news. They have pick-swap rights with the Kings (who will likely stink hard post-trade) so even if Philly keeps winning games (they are 13-11 in 2017), they are still looking at a juicy pick via the Kings presuming the Kings fall over the final stretch.
Surprised this is all Sac got after all of this.
FWIW, while people are freaking out about this return, it should be noted that traditionally this is the type of pu-pu platter package teams get when they trade their stars. You don't get a projected #1 pick in a loaded draft. You get some young talent and a late lotto pick. This is the norm.