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Sources: Lakers out of Chris Paul talks

Updated: December 11, 2011, 3:06 PM ET
By Marc Stein | ESPN.com

The Los Angeles Lakers abruptly withdrew from the Chris Paul sweepstakes Saturday night after more than 24 hours of unsuccessful attempts to restructure a three-team deal with the New Orleans Hornets and Houston Rockets that would meet with the approval of NBA commissioner David Stern, according to sources close to the process.

The Lakers informed the league-owned Hornets and the Rockets they were pulling out of the stonewalled deal, sources said, and instead trading Lamar Odom to the ...

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