#1 - Tinsley for Nocioni
The Pacers take on salary but get a hard-nosed 3/4 who would fit well in O'Brien's system. This would allow the Kings to have a decent PG rotation with Tinsley and Udrih and they wouldn't be forced to draft a PG.
#2 - Ford, #13 for Nocioni, #4, and #23
The Kings get a PG and get rid of Nocioni, who really has no place on their roster. The Pacers take on 2 extra years of salary, but we get a decent player, a much better draft pick, and an extra late first.