Please keep in mind the style of offense that Gentry implemented after Boogie went down which led to the team's success. Despite his talent level, Boogie doesn't fit the uptempo scheme nor is it wise to sign a guy to that much money coming off an ACL injury. I understand he's a top-tier player, but I believe the Pelicans will be much better suited using the cap space to address other areas that the team lacks.
There's so much to take into consideration, but you have to look at what success the team had after the trade deadline into the playoffs and build from that.