Washington acquired John Lucas from Golden State on October 19, 1981 for two second-round picks. Lucas played 114 regular-season games for the Bullets across parts of two seasons, starting 53 and averaging 7.0 assists in his first Washington year. Golden State used the 1982 No. 35 pick on Derek Smith, who played 27 games for the Warriors before being waived, and the 1984 No. 30 pick on Steve Burtt, who played 47 Warriors games. The two picks therefore produced 74 Golden State games and zero starts, while Lucas supplied 114 Washington games and 53 starts. The direct realized value favors Washington.
Basketball-Reference's Golden State transaction ledger records the October 19, 1981 package clearly. The Warriors sent John Lucas to Washington for two second-round picks, one in 1982 and one in 1984. Golden State eventually used those choices on Derek Smith at No. 35 in 1982 and Steve Burtt at No. 30 in 1984.
Lucas played 79 regular-season games for the Bullets in 1981-82 and started 53. He averaged 24.6 minutes, 8.4 points and 7.0 assists while helping Washington finish 43-39 and reach the Eastern Conference semifinals. He returned for 35 games in 1982-83, all off the bench, averaging 4.1 points and 2.9 assists. Washington waived him on January 25, 1983. That gives the Bullets 114 regular-season games and 53 starts from the trade, including one season in which Lucas handled a major portion of the point-guard workload.
Golden State used the 1982 pick at No. 35 on Louisville wing Derek Smith. He appeared in 27 Warriors games as a rookie, all off the bench, averaging 5.7 minutes and 2.2 points. The Warriors waived Smith on September 8, 1983. He later became a productive NBA starter with the Clippers, but that later success came after Golden State had released him and cannot be credited to this trade.
The second incoming pick became No. 30 in the 1984 draft, where Golden State selected Steve Burtt. Burtt played 47 regular-season games for the Warriors in 1984-85, made no starts and averaged 8.9 minutes and 4.2 points. His later NBA seasons came with other franchises. Together, the two draft branches produced 74 Golden State games and zero starts.
Golden State did identify two players who reached the NBA, and that gives the picks more value than unused selections. The problem is that neither player produced much for the Warriors themselves. Washington received 114 games, 53 starts and a full season of starting point-guard play from Lucas. On direct franchise value, that outweighs 74 reserve appearances and no starts from Smith and Burtt combined.
Bullets Win, B+/C+. Washington receives a B+ because Lucas supplied a useful starting season plus additional reserve time. Golden State receives a C+ because both picks became NBA players, but their combined Warriors contribution stayed below Lucas's Washington value and produced no starts.