The blockbuster Chris Paul trade is off, according to ESPN’s Marc Stein. Other media outlets have confirmed that the deal is dead.
NBA owners have pushed David Stern to kill a proposed trade that would send Paul to the Lakers from the NBA-owned Hornets.
Owners were irate with Stern during Thursday’s Board of Governors meeting.
Hornets’ GM Dell Demps received pressure from the NBA to back out of the agreed-upon trade and keep Paul, say sources.
The Rockets were also involved in the trade that was agreed upon in principle. Pau Gasol would have gone to Houston, while Kevin Martin, Luis Scola, Lamar Odom and Goran Dragic were set to be deal to the Hornets.