Well, we'll see what the Nuggets do with those first rounders. I remember when they stockpiled a ton of first rounders when they first had Carmelo, then pretty much used them all in that stupid sign/trade for K-Mart. But, really, there's a lot about the way the NBA does trades and what not that simply make no sense to me. Draft picks are thrown around all the damn time like they're nothing, so I don't even begin to understand what kind of value they hold.
But hey, it sounds like the Cavaliers are already starting to panic, so...bonus!
Draft pick value is completely different than in the NHL. It really depends on the draft. In some years a top 5 pick is worth gold.
In another years the #3 pick is not worth all that much (see: 2013 draft).
At the same time picks are becoming more and more important with the stiff luxury tax penalties and the very limited option for teams that are over the cap.
The #1 pick in a strong draft year is worth gold.
Forget about adding McDavid. Anthony Davis is worth way more to a franchise. One player has so much impact in the NBA it is a bit crazy.
You basically need to draft a superstar (unless you are a destination city like Miami or LA where you can get superstars to join you via UFA). Or atleast a top 5 coach.
Otherwise you are better off going the 76ers way and just blatantly tank for years.
So a top 5 pick in a strong draft year could be worth gold if there are All Star caliber talents available at #5.
If you are unlucky you end up with Anthony Bennett at #1.
Late firsts are not worth much because of the low success rate of players picked after #20 (unless you are the Spurs) but at the same time still valuable because it is one of the few ways to add potential rotation players once you are over the cap. Having a starter on an ELC is huge.
They are also the main currency in a world where trading gets more complicated by the day because of salary cap and Lux Tax reasons.
Seconds are worth even less but they are in some sense more valuable than late firsts because of no guaranteed contracts.
It is a bit confusing but it all starts with needing a "superstar" to have a chance at anything. Most teams only have a chance to get one via the draft.
The Nuggets desperately need to pull the plug and restart.
They are built the absolute worst way.