Sources: Teams appeal Chris Paul ruling

The three teams involved in the Chris Paul trade blocked Thursday by NBA commissioner David Stern are appealing to the league for Stern to reverse the decision, according to sources close to the process.

There is no indication yet that Stern is prepared to reverse course after taking the dramatic step of blocking the league-owned New Orleans Hornets' decision to deal Paul to the Los Angeles Lakers.

In a statement released Friday, Stern said the "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," Stern said. "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."

Read the full story here »

To see dozens of NBA rumors, check out NBA Rumor CentralInsider