Four years ago, Dell Demps attempted to trade Chris Paul for a package that included Dragic. That move was an attempt to replenish the talent much more quickly than the route Demps ended up being forced to take, one that netted Eric Gordon, Al-Farouq Aminu, Chris Kaman and a draft pick (that morphed into Austin Rivers).
However, since that time, the Pelicans have acquired Jrue Holiday and Tyreke Evans. It's difficult to imagine they would be interested in adding Dragic to a mix that will also likely include Gordon.
Unless, Demps is planning on moving one of the core or maybe he's just doing his due diligence in the case Gordon opts out of his player option for the 2015-16, the Pelicans would not have the cap space to chase a player of Dragic' caliber.
File this rumor under the raise-an-eyebrow-and-move-on tag.