12/09/2011 04:41 pm ET

Chris Paul Trade Drama: Reactions, News On David Stern Veto, Lakers, Hornets Deal, Training Camp

So what now?

The unprecedented turn of events regarding the vetoed NBA trade about to send Chris Paul to the Los Angeles Lakers on Thursday evening gave way to shock and confusion on Friday.

After it was widely reported that a three-team deal would send Chris Paul to the Los Angeles Lakers NBA Commissioner David Stern suddenly vetoed the swap. A league source told Adrian Wojnarowski of Yahoo! Sports on Thursday night that the owners, who are the stakeholders of the Hornets, pushed Stern to kill the deal. However, league spokesman Mike Bass denied that the owners had urged Stern and cited "basketball reasons" for why the deal was nixed.

That wasn't enough to stop the outrage coming from writers, analysts, along with the teams and players involved in the trade.

The drama provoked Grantland editor in chief Bill Simmons to opine that Stern created his own Watergate. ESPN writer and talking head Michael Wilbon called the move "gutless" and said the owners should be ashamed of themselves. New Orleans, Houston and Los Angeles plan to appeal to the league and have the decision be reversed.

For his part, Paul could muster only a three-character response:

ESPN's Stan Verrett reported that CP3 would not show up for New Orleans Hornets training camp on Friday. Paul is also said to be exploring legal options NBA players union chief Billy Hunter.

Wow, indeed. So will Chris Paul eventually get traded? Or is he stuck in New Orleans until he becomes a free agent? Will there be a full-scale NBA mutiny? Who knows what will happen, but scroll down for the latest updates on the NBA drama.

12/09/2011 5:05 PM EST

From ESPN's Chris Broussard

@ Chris_Broussard :

Union has told NBA if suitable CP trade not made by Monday, it will pursue other options, including litigation, sources say...

12/09/2011 4:55 PM EST


Chris Paul showed up to Hornets camp today wearing a black Hornets practice jersey. According to the Associated Press, he seemed to be in good spirits.

12/09/2011 4:29 PM EST

Odom Not Practicing

@ LakersReporter :

What we know about Lamar Odom: came to the practice facility, met w/Mitch Kupchak, & left shortly after. Is not practicing.

12/09/2011 4:24 PM EST

New Talks

According to Adrian Wojnarowski of Yahoo Sports, Houston, Los Angeles and New Orleans are now "re-engaged" in trade talks to try and send Chris Paul to the Lakers.

12/09/2011 4:21 PM EST

2 NBA GMs Thinking About Quitting?

@ jamfan41 :

Bill Simmons said on SportsCenter that 2 #NBA GM's are thinking about quitting over this. I assume he means Dell Demps and Darryl Morey.

12/09/2011 4:03 PM EST

Mark Cuban Defends Veto

Dallas Mavericks owner Mark Cuban showed his support for David Stern's decision to veto the Chris Paul trade in an interview with ESPN Dallas 103.3 FM.

'The message is we went through this lockout for a reason. Again, I'm not speaking for Stern. He's not telling me his thought process. I'm just telling you my perspective, having gone through all this. There's a reason that we went through this lockout, and one of the reasons is to give small-market teams the ability to keep their stars and the ability to compete.

I wouldn't have been happy, but I would have understood because it was a conversation a lot of owners had long before the Laker deal was consummated. It was like, 'Look, sure, I'd love him. Give [Paul] to me in a heartbeat.' But the whole idea of the lockout was to prevent stuff like that."

12/09/2011 3:53 PM EST

Steve Kerr's Reaction

TNT analyst Steve Kerr weighed in on the Chris Paul trade debacle on Colin Cowherd‘s ESPN Radio show. He called it "shocking" and "one of the dumbest things the league has ever done."

"How do you ratify a CBA, and then on the same day, nix a trade that falls under all the guidelines, legally, under that very same CBA? It makes no sense."

Watch the video here.

12/09/2011 3:45 PM EST

Pau Goes To Camp

@ paugasol :

New day my friends. On my way to El Segundo for the first day of training camp #staypositive #NBAisBack

12/09/2011 3:42 PM EST

Commissioner David Stern Issues Statement

"Since the NBA purchased the New Orleans Hornets, final responsibility for significant management decisions lies with the Commissioner’s Office in consultation with team chairman Jac Sperling. All decisions are made on the basis of what is in the best interests of the Hornets. In the case of the trade proposal that was made to the Hornets for Chris Paul, we decided, free from the influence of other NBA owners, that the team was better served with Chris in a Hornets uniform than by the outcome of the terms of that trade."