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NBA commissioner David Stern killed the New Orleans Hornets’ trade of Chris Paul after several owners complained about the league-owned team dealing the All-Star point guard to the Los Angeles Lakers, league sources told Yahoo! Sports.
Some owners pushed Stern to nullify the trade and that the Hornets be made to keep Paul on the roster for the foreseeable future, sources said. A chorus of owners were irate with the belief that the five-month lockout had happened largely to stop big-market teams from leveraging small-market teams for star players pending free agency.
The trade between the Lakers, Hornets and Houston Rockets had been consummated late Thursday afternoon, about the same time the league’s owners and players were completing their vote to ratify the new collective bargaining agreement – an agreement that Stern had repeatedly said would help restore the NBA’s competitive balance. League owners had watched last season as some of the game’s biggest stars left for larger markets.LeBron James and Chris Bosh joined Dwyane Wade and the Miami Heat, and Carmelo Anthonyforced the Denver Nuggets to trade him to the New York Knicks.