I'd be ok if we pay more than 4/53. If it's the price, basically the MLE, Pelicans are going to keep him. I would rise it to 19-22 M range. He will be overpayed but he is really good at the defense and serviciable in ofense. Also he is still young and this would be only his 3rd year, he can still growing. Not the best shooter but he isn't a zero in the ofensive end as Thybulle could be.
Could the Pelicans match 20M/year? They have Zion, CJ, Ingram, Valanciunas, Nance... I don't know if they can. Next year they're going to have to pay Murphy and their two last lottery picks, Dayson Daniels and Jordan Hawkins are SG and going to need minutes for develope. Maybe there is an option to sign him and have our OG without giving any piece.
And if they match it, we at least put a direct rival in a hard financial situation.