The Pelicans have actually put together a nice core, but they need to find trades for Gordon and Vasquez now. They need to move Gordon because I dont think they can have 3 players who need the ball a lot at the 1-3, and be successful, plus he doesn't want to be there and is extremely injury prone. With Vasquez, his value is at an all time high after a very nice season this year, and he likely wont accept nor flourish in a backup role.
If they can get some decent bench pieces or picks for those two, they're looking very good for the future especially if Davis turns into the player everyone expects.
A lot of people will hate on the amount of money Reke is getting, but this is the price you pay for a young player with his talent level. Plus he had a very good, but under the radar year last year, showing that he can be a more mature player that makes good decisions on both sides of the ball. He wasn't the ball stopping ISO player last year that we saw a few years ago. If him and Holiday can develop a good chemistry with one another while allowing Davis to be the main guy, the Pelicans will be in the top 4 in the West sooner than people think.