The New Orleans Pelicans have strategically positioned themselves for the upcoming NBA draft by acquiring the No. 23 pick in the 2025 NBA Draft and the rights to Mojave King from the Indiana Pacers. In exchange, the Pacers receive their own 2026 first-round pick. This move, executed by new head of basketball operations Joe Dumars, gives the Pelicans increased flexibility and options as they look to reshape their roster.

For the Pelicans, this trade means they now possess two first-round picks in the 2025 draft: the No. 7 and No. 23 selections. This provides them with multiple avenues to improve their team, whether it be through drafting promising young talents or packaging the picks in a trade to move up the draft board. Reports suggest the Pelicans may be targeting Rutgers guard Ace Bailey, considered one of the top talents in this year's draft. The acquisition of the No. 23 pick strengthens their position in potentially trading up to acquire him.

Mojave King, a 23-year-old New Zealand-American guard, also joins the Pelicans as part of the deal. Originally drafted by the Los Angeles Lakers in the second round of the 2023 NBA Draft, King has yet to make his NBA debut. He has experience playing in the G League and most recently competed for the Tauranga Whai in New Zealand's National Basketball League. King could develop into a valuable role player for the Pelicans with his athleticism and scoring ability.

The Pelicans finished the 2024-25 season with a 21-61 record, signaling a need for rebuilding. This trade indicates a focus on long-term growth and adding assets to the team. It also raises questions about the future of current players like Trey Murphy III and Herb Jones, who have been subjects of trade rumors.

From the Pacers' perspective, this trade offers immediate financial relief and long-term flexibility. By trading away the No. 23 pick, they shave approximately $3.2 million off their luxury tax bill. This is crucial under the new CBA, which heavily penalizes teams approaching the tax apron. Additionally, the Pacers regain control of their first-round picks from 2026 through 2032, allowing them to make future trades more easily. This move also helps them avoid a potential logjam in their rotation, given the depth of young talent already on their roster. The Pacers are currently competing in the NBA Finals, and this trade provides them with financial and roster flexibility as they aim to build a championship-caliber team.