Watch CBS News

Chris Paul Trade Rejected By NBA; Did Owners Kill Deal?

NEW YORK (WFAN/AP) — Chris Paul wanted a trade to the Knicks. Instead, the Hornets worked out a three-team deal to send Paul to Los Angeles in a deal that also would have sent Lamar Odom to New Orleans and four-time All-Star Pau Gasol to Houston.

Or so they thought.

The NBA's decision to reject a proposed trade involving the All-Star guard set the stage for an awkward opening to training camps on Friday in New Orleans, Los Angeles and Houston.

The league declined to approve the trade, meaning Paul was expected to report to Hornets camp, while Odom and Gasol were expected to show up when the Lakers opened practice under new head coach Mike Brown.

The Knicks, reportedly Paul's preferred destination, are thought to lack the pieces necessary to land him.

After deal fell through, Paul simply wrote, "WoW," on his Twitter page.

Odom, too, took to Twitter to share his feelings: "When a team trades u and it doesn't go down? Now what?"

The fallout from the trade-that-never-was caused the NBA to deny reports that deal was nixed because a number of team owners complained about it to NBA commissioner David Stern.

"It's not true that the owners killed the deal, the deal was never discussed at the Board of Governors meeting and the league office declined to make the trade for basketball reasons," league spokesman Mike Bass said.

Yahoo! Sports reported that Stern killed the trade after several owners complained. Citing anonymous sources, Yahoo reported Dallas Mavericks owner Mark Cuban was one of the most outspoken owners upset about the deal, done the same day as the end of the lockout, which was supposed to restore competitive balance in the league.

Owners and players ratified a new collective bargaining agreement Thursday, the final step to ending the five-month lockout and allowing training camps and free agency to open Friday.

There was hope in small markets like New Orleans that after the lockout it would be easier for teams to hold on to their stars. Had the deal had been approved, one of pro basketball's biggest stars from the league-owned, small-market Hornets would have moved to one of the NBA's largest, richest markets.

The Hornets have been owned by the NBA since last December, when the league bought the club from founder George Shinn.

A person familiar with the negotiations told The Associated Press that the framework for a deal had been in place earlier Thursday. The person spoke on the condition of anonymity because the talks were supposed to remain confidential.

As part of the trade, the Rockets also had agreed to send forward Luis Scola, shooting guard Kevin Martin, point guard Goran Dragic and a first-round draft choice to New Orleans.

Odom, whose marriage to Khloe Kardashian and E! network reality show put him at the center of Hollywood's love affair with the Lakers, sounded devastated to be leaving his adopted hometown in a radio interview Thursday. Odom was the NBA's Sixth Man of the Year last season, and has spent all but one season of his NBA career with the Clippers or Lakers.

The NBA's move also quashed an attempt by the Lakers to retool their roster after their back-to-back title reign ended last spring with Dallas' second-round playoff sweep.

There is, however, still the question of Orlando's Dwight Howard.

The Lakers are widely reported to be interested in acquiring the Magic center, another All-Star expected to move before signing a long-term deal. Unlike Paul, Howard has made no secret of his affection for Los Angeles.

If the Hornets are unable to figure out a trade for Paul, he would be able to opt out of his current contract after the upcoming season.

Speaking earlier Thursday, Hornets president Hugh Weber said the franchise has been preparing for months for the possibility that Paul would resist signing an extension in New Orleans, a move that would leave the Hornets with the choice of trading him or simply letting him walk in free agency at the end of the season.

"We've been preparing for this moment for over a year, and it's not like we were surprised or caught flat-footed," Weber said. "This is not a surprise. This is not something where we've been sitting around waiting to see what would happen. We've been managing this and taking control of the situation as best we can and we're going to have a team that we believe achieves that objective of making this community proud."

Paul, 26, averaged 15.8 points and 9.8 assists last season.

Despite the lockout and uncertainty over Paul's future, fan support has been building in New Orleans, where the team has advertised its season-ticket drive as an effort to lure a permanent local buyer who is committed to keeping the team in Louisiana.

The Hornets have increased their season ticket base from a little more than 6,000 last season to 10,019 as of Thursday afternoon.

Paul was drafted by the Hornets fourth overall out of Wake Forest in 2005.

He has been selected to the Western Conference All-Star squad the past four seasons and also was a member of the United States' Olympic gold medal-winning team in Beijing in 2008.

Should the NBA have blocked the Paul trade? Be heard in the comments below...

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.