For a full and detailed breakdown of the Kings future draft pick considerations, check out Tony's post on the topic from last July, or Omer's visual breakdown. The details are convoluted, but if you ignore Philadelphia's swap rights, it sums down to this;

So it's safest for Sacramento to give the Bulls the 2016 pick, but if the Kings struggle and end up keeping it, it's not as if the front office could afford to be that upset. Sacramento will enter the summer with significant cap space and a desire to add win-now veterans, but with the continuing turmoil around the organization coupled with the jumping salary cap that will give nearly all teams free agency dough, the market may not be friendly to the Kings. The chance for at least one potential building block in the form of a rookie (or the chance for a valuable trading chip in the pick) may pay off for the Kings in the long run.

In the end, it'd be best for the franchise if they conveyed the pick to Chicago this season. Honestly, the best thing for the franchise is a playoff spot that helps shed some of the dysfunctional vibes the franchise dons with their jerseys. But as the schedule turns from February to March with the Kings hovering right around the 8th-12th draft spot, the short- and long-term pick issues start coming into play, at least in the background.

After this brutal eight game stretch that includes San Antonio, the Clippers, Oklahoma City, Memphis, Dallas, San Antonio again, AND Cleveland, the Kings schedule is dramatically easier—€”their final 19 opponents have a current combined record of 464-601 (43.5%). There's plenty of time and opportunity for the Kings to secure the pick goes to Chicago, or to self-destruct and guarantee another trip to the lottery.

Then again, this could all be meaningless. The Kings could avoid all risk by being so good by 2019 that the 1st round pick would be meaningless. Snagging another promising rookie or trading the pick for a veteran could help start the new, hopefully stable foundation to bring them towards that goal. But then again, the Kings ARE the Kings.