The Los Angeles Lakers have pulled out of the three-team deal with New Orleans and Houston that would have landed Chris Paul in L.A., according to sources close to the talks.
The reason for the Lakers' withdrawal was not immediately known.
The Hornets, Rockets and Lakers had been working for the past 48 hours to complete a reconfigured version of the trade that the teams struck Thursday that had been vetoed by NBA commissioner David Stern.
The Hornets, according to sources, will now redouble their efforts to trade Paul elsewhere. Paul can become a free agent at season's end.
One source close to the process told ESPN.com after the Lakers' withdrawal that the Clippers have emerged as an "early front-runner" to trade for the All-Star point guard.
The Lakers are now expected to turn their full focus to obtaining Dwight Howard, who has asked the Orlando Magic to trade him.
One source close to the process said that the Lakers will instead trade Lamar Odom to the Dallas Mavericks.
The Lakers will receive unspecified draft considerations from the Mavericks in exchange for Odom, whose contract slots into the Mavericks' trade exception created in their three-team trade earlier Saturday that sent Tyson Chandler to New York.
Marc Stein is a senior writer for ESPN.com.
Follow Marc Stein on Twitter:
@ESPNSteinLine
http://espn.go.com/los-angeles/nba/story/_/id/7340640/los-angeles-lakers-pull-trade-talks-chris-paul-according-sources
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The Lakers apparently decided to move on while the league was contemplating various versions of the deal, and in doing so potentially cleared the decks to make a bid for Orlando center Dwight Howard. The initial version would have sent Lakers forward Pau Gasol to the Rockets, and sent Odom to New Orleans, with Rockets forward Luis Scola, guards Kevin Martin and Luis Scola, and a 2012 first-round pick going to the Hornets as well. But the NBA, which owns the Hornets, nixed the deal Thursday, citing “basketball reasons” for not letting it go through. The decision was derided when it was disclosed that several owners opposed the deal, thinking it gave the already talent-rich Lakers yet another superstar player, while saddling the Hornets with older and more expensive players.
Owners also were concerned, according to a management source, with the potential sale value of the team with all of the extra salaries the Hornets would be taking on over the next three years. The team had sold 10,000 season tickets this year in New Orleans Arena, and the league is looking to sell the team to an owner who will commit to keeping the team in New Orleans. The league instructed the Hornets to restart talks Friday, according to sources involved in the discussions, with an eye toward getting more young players and draft picks.
But after hours of exploring various scenarios, with the Lakers providing additional picks and the Rockets giving up some more players, the Lakers got tired of waiting.
“The league took too long to decide and may have overplayed its hand,” a source involved in the discussions said late Saturday night.
The collapse of the talks leaves the Hornets frustrated and in an incredibly difficult bind, with just six players in camp and with Paul still seeking to be dealt elsewhere. Several teams, including the Clippers and Celtics, have held off of other potential deals in the hopes that they might somehow be able to get into the Paul Sweepstakes. The Clippers believed late Saturday that there was still a way for them to get involved, but it wasn’t clear what pieces they would be willing to use to try and make an offer to New Orleans. They had adamantly refused to include guard Eric Gordon in any potential trade discussions earlier this week.
Boston had offered a package centered around guard Rajon Rondo, young players and draft picks, but the Hornets weren’t interested.
The Mavericks have already let free agents Chandler and Caron Butler go, and appear to be ready to lose reserve guard J.J. Barea leave as well, citing the need to keep as much cap room as free as possible for the summer of 2012. Odom has two seasons left on his four-year, $32 million deal he signed in 2009, but only $2.4 million of his $8.2 million salary for 2012-13 is guaranteed, which would fall in line with Dallas’ approach for next offseason.
The Lakers would have cleared more than $20 million in cap room by dealing Odom and Gasol for Paul, which many around the league believe they would have tried to use next summer on All-Pro center Dwight Howard. Now it will be much more difficult, though there is still the possibility they could send Gasol elsewhere in a separate deal.
The Lakers, however, were one of three teams that have been given permission to enter into trade talks with the representatives for Howard on Friday, so it is reasonable to assume they’d be willing to package both Gasol and center Andrew Bynum in a deal for Howard. If the Lakers agreed to take back the salary of forward Hedo Turkoglu ($10.6 million this season), the deal could be made easily.
http://hangtime.blogs.nba.com/2011/12/11/lakers-pull-out-of-paul-hunt/?ls=iref:nbahpt1
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •- Spam
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •they have to now. odom wasnt the most mentally strong cat to begin with...and with everything thats happened the last couple days...no way the lakers can keep him now. gasol is gone too.
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •this nigga heartbroken and shit hahahaha
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •- Spam
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •......................damn
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •Nigga sound just like Jim Jones
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •And then Bynum and Odom for Dwight.
Then sign Chauncey.
Billups, Kobe, Martin/Artest, Scola, Dwight.
Get 3-4 more years from Kobe/Chauncey, 1-2 more rings. Build around Dwight when they retire.
Win.
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •Hell yea Trade Back for Odom from the Mavs , then Re-trade him for a 2nd time in a hour , that could def. work..
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •Yup. They the Lakers.. they can do what they want pretty much.
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •- Spam
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •- Spam
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •Lol @ the music playin in the background. Damn, odom lol & smh..
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •I think they know no matter what they do they won't be getting Paul right now so might as well try to get some other trades instead of sitting around til game day with a sure to be dysfunctional team.
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •Great lineup there, but that lame Dan Gilbert will cry foul AGAIN
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •- Spam
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •wtf wrong with the lakers rolling the dice like that for a first round draft pick from world champions ?
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0 • Wack Feelings Nosign Cosign Ether GOAT LOL •I honestly think LA was just trying to get rid of odom since the deal fell through...they considered him to not be mentally tough enough to handle being traded and then coming back to the team...due to his reaction on twitter and crying on the radio that same night
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