Sorry, LeBron ... you LOST the trade that made Anthony Davis your new teammate, so says Master P -- who tells TMZ Sports the Pelicans WON the blockbuster swap!!!
"We got everything!" P says.
Bron's squad orchestrated the biggest trade in L.A. history over the weekend ... sending off Brandon Ingram, Lonzo Ball, Josh Hart and a bunch of draft picks for AD.
If ya think Master P -- who's a New Orleans legend that loves his Pelicans -- is busted up over the move ... think again, 'cause he thinks New Orleans actually got better!!
P also tells us getting Davis will put a ton of pressure on LeBron in L.A. ... and says the King better start winning now.
There's more ... P says he's still trying ink Zion Williamson to that monster $20 MILLION shoe deal -- and he's even pitching the future NBA superstar to come coach with him at a charity event next month!