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Chris Paul trade to Lakers off

Updated: December 9, 2011, 11:42 AM ET
By Marc Stein | ESPN.com

On the eve of the sport's formal re-opening for business after a five-month lockout, NBA commissioner David Stern sent shockwaves throughout the league Thursday night by nixing the league-owned New Orleans Hornets' plans to trade guard Chris Paul to the Los Angeles Lakers.

Within an hour of the Hornets striking an agreement in principle with the Lakers and Houston Rockets on a three-team trade that would have landed Paul in the same backcourt as Kobe Bryant, Stern informed the Hornets ...

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