I wouldn't give up anything of value for him. Wallace and maybe a 2nd rounder?
Why would the Pelicans do that? Gordon is the better player and a 2nd wouldn't be enough to make up the difference. Both players expire after the season, is $4million off this year worth it, are they in need of cap space?
I'd do Wallace, 28, 33, and 45 especially if the AB for 12 and Hood rumors were accurate. I think Gordon would flourish in Stevens system.
Can't see New Orleans doing Wallace and a 2nd or even two either.
However, if Asik leaves in FA (I don't think he will) and GS hasn't dumped Lee yet, I could see NOP switching Gordon into Lee to play with AD for a year. Especially if the Celtics haven't had any bites in free agency themselves at that point.
So:
Boston out: Gerald Wallace
Boston In: Eric Gordon
New Orleans out: Eric Gordon
New Orleans In: David Lee
Golden State out: David Lee
Golden State in: Gerald Wallace
Why for Boston: For an extra ~5M, they turn their 15th man into Gordon who has one fairly elite skills. Hitting 3pt at a high clip. Since the Celtics take an above average number of three's but were 27th in the league in 3P%, there is definitely a role for him.
Why for New Orleans: It is cap neutral and Lee fills a hole.
Why for Golden State: Turns Lee's $15M unstretchable contract into Wallace's deal that can be stretched. Saves them close to $12M off this years cap without having to give up assets to dump salary.