Warriors POV : Add an elite big who fits perfectly in Steve Kerr's read and react offense, provides eleite screening for shooters and could take away some scoring responsibilities from Steph. Ellis is a nice throw in while JK and Hield are clearly not part of the rotation for now and the only real challenge is losing Moody who might be partially replaced by Gui Santos, Will Richard and Keon Ellis
Kings POV: Finally take the step to retool and do it fantastically. JK and Moody project at least as high level starters in some years while JK with increased role and liberty has flashed the potential for much more. Buddy and Horford are nice vets to mentor the young guys while could be flipped later if they play well. That pick is really valuable in a deep class while it can be absolutely gold if a Curry long term injury happens
Overall this deal help Warriors win now and the Kings to find some direction with potential building blocks and vets to mentor the young players