- Associated Press - Thursday, December 8, 2011

NEW ORLEANS (AP) - The NBA, owners of the New Orleans Hornets, refused Thursday to approve a three-team trade that would have sent Hornets All-Star guard Chris Paul to the Los Angeles Lakers.

“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 NBA Commissioner David Stern killed the trade after several owners complained. Citing anonymous sources, Yahoo reported Dallas Mavericks owner Mark Cuban was one of the most vocal 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.

The proposed deal would have sent Lamar Odom from the Lakers to New Orleans and four-time All-Star Pau Gasol from the Lakers to Houston.


After it fell through, Paul simply wrote, “WoW,” on his Twitter page.

The NBA’s decision sets up an awfully awkward Friday.

A person familiar with the negotiations told The Associated Press that Paul will report to the Hornets on Friday. And Gasol and Odom were expected to report to the Lakers‘ first day of training camp under new coach Mike Brown.

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

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 the NBA’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.

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, the NBA’s sixth man of the year last season 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 an interview on 710 ESPN radio earlier Thursday. Odom 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.

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