What Changed Hands
The 2017-09-01 transaction between Chicago Bulls and New Orleans Pelicans is anchored by a finite set of assets in the trade, not by later franchise reputation. Chicago Bulls received Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), and cash. New Orleans Pelicans received rights to Ater Majok. Taken together, the trade centers on Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), cash, and rights to Ater Majok. Chicago received Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), cash for rights to Ater Majok and finished with a modest realized-value edge. The hindsight grade considers only production, draft outcomes, rights, cash, exceptions, and other value tied directly to this trade. Unrelated signings, separate later trades, and broader team success do not affect the grade. That keeps the comparison focused on what each side actually received.
How the Realized Value Separated
The final verdict is Bulls Win, with Chicago Bulls graded B+ and New Orleans Pelicans graded D+. The separation comes from what the return packages actually became. Chicago Bulls' side is represented by Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), and cash; New Orleans Pelicans' side is represented by rights to Ater Majok. The analysis emphasizes this outcome: The realized-value outcome gives Chicago a modest edge. Chicago came away with the better asset mix in Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), cash, but the partner's return in rights to Ater Majok remained defensible. The important point is proportionality. A package with more names does not automatically create more value, and a single player or converted pick can carry more historical weight than several marginal pieces. The grade comparison therefore asks which side produced the stronger useful return, how durable that return was, and whether secondary assets materially narrowed the gap. That supports Bulls Win without treating every trade win as equally large.
Reading the Team Grades
The grades are Chicago Bulls B+ and New Orleans Pelicans D+. Those marks are the public shorthand for the completed value of each side's package and must be read together with Bulls Win. Chicago Bulls' grade evaluates Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), and cash; New Orleans Pelicans' grade evaluates rights to Ater Majok. The higher mark does not require every incoming asset to have succeeded, and the lower mark does not mean the entire return was worthless. Instead, each letter compresses the net effect of the players, picks, rights, cash, or transactional flexibility that actually materialized. The B+ for Chicago Bulls and D+ for New Orleans Pelicans establish the scale of the difference while preserving useful value on the weaker side where the record supports it. That paired reading is more precise than a binary winner label by itself.
What Each Franchise Was Actually Evaluating
The two franchise histories approach the same 2017-09-01 exchange from different roster perspectives, yet the comparison found them compatible with the shared trade details. From Chicago Bulls' side, the trade can be summarized as: Chicago received Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), cash for rights to Ater Majok and finished with a modest realized-value edge. From New Orleans Pelicans' side, the corresponding trade description can be summarized as: New Orleans acquired rights to Ater Majok from Chicago Bulls for Quincy Pondexter; 2018 second round pick (#51-Tony Carr (Gregory)); cash. Those views matter because the practical meaning of an asset differs by team: a veteran can address an immediate role, a pick can preserve future optionality, and cash or an exception can support later roster work. For the public evaluation, however, those motivations remain context rather than substitutes for results. The B+/D+ grades capture the hindsight result, while the two analyses explain why the original exchange could still have made sense for both teams.
Final Verdict
Bulls Win. The final team grades are Chicago Bulls B+ and New Orleans Pelicans D+. The transaction sent Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), and cash to Chicago Bulls and rights to Ater Majok to New Orleans Pelicans. The outcome is best understood through the value tied directly to those assets: The realized-value outcome gives Chicago a modest edge. Chicago came away with the better asset mix in Quincy Pondexter, 2018 second round pick (#51-Tony Carr (Gregory)), cash, but the partner's return in rights to Ater Majok remained defensible. The available sources confirm the exchange and what each team received. Trade-day logic can explain the motivations behind the deal, but the hindsight score is determined by what the return packages produced. Overall, Chicago Bulls B+ versus New Orleans Pelicans D+ is the most faithful scale for the margin behind Bulls Win. The judgment is therefore specific to this transaction and does not borrow credit or blame from unrelated moves.