The NBA, the owners of the Hornets, refused Thursday to approve a three-team trade that would have sent Hornets All-Star guard Chris Paul to the 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 commissioner David Stern killed the trade after several owners complained. Yahoo said the Mavericks' 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 wrote, "WoW," on his Twitter page.
The league's decision makes today awkward for those involved.
Paul will report to the Hornets today, the Associated Press reported. Gasol and Odom were expected to report to the Lakers' first day of training camp under new coach Mike Brown.
"When a team trades u and it doesn't go down? Now what?" Odom said on his Twitter page.
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.
The Hornets have been owned by the NBA since last December, when the league bought the club.
It's official: Owners and players ratified the new collective bargaining agreement, Stern said, the final step to ending the lockout. Training camps and free agency can now open today.
On the free agent front: Center Tyson Chandler will leave the Mavericks and was closing in on a deal with the Knicks, ESPN reported. One sign Chandler's time in Dallas is over, ESPN said, is that the Mavericks offered him to the Magic as part of a sign-and-trade deal for All-Star center Dwight Howard, who can be a free agent in July. … Forward Caron Butler, recovered from a ruptured knee tendon that limited him to 29 games with the champion Mavs last season, will sign with the Clippers, according to media reports. The deal is three years and $24 million, TNT said. … Forward Shane Battier said he would sign with the Heat. … Forwards Tayshaun Prince and Jonas Jerebko will re-sign with the Pistons, the Associated Press reported. Prince, an unrestricted free agent, is expected to sign a four-year, $27 million deal. Jerebko, a restricted free agent, will be back for a $16 million, four-year deal.
Trail Blazers: Center Greg Oden, Portland's often-injured former No. 1 draft pick, will sign an $8.9 million qualifying offer today, agent Bill Duffy said.