Kings Win

The counterparty appears to have extracted somewhat more realized value, though New Orleans retained a defensible return. New Orleans received 2016 second round pick (protected top 55) (not exercised) and sent Hilton Armstrong; cash in the transaction with Sacramento Kings. The initial grade weighs realized player production, draft outcomes, retained asset value, role, timing and transaction scale rather than simply counting pieces. It also separates direct franchise value from value a counterparty created only through later unrelated trades. Confidence is moderate while the remaining transaction details are independently verified.