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Old 12-11-2011, 12:19 AM   #34
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http://espn.go.com/los-angeles/nba/s...ording-sources

Quote:
Updated: December 11, 2011, 12:16 AM ET
Sources: Lakers out of Chris Paul talks
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By Marc Stein
ESPN.com
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The Los Angeles Lakers have pulled out of the three-team deal with New Orleans and Houston that would have landed Chris Paul in L.A., according to sources close to the talks.

The reason for the Lakers' withdrawal was not immediately known.

The Hornets, Rockets and Lakers had been working for the past 48 hours to complete a reconfigured version of the trade that the teams struck Thursday that had been vetoed by NBA commissioner David Stern.

The Hornets, according to sources, will now now redouble their efforts to trade Paul elsewhere, who can become a free agent at season's end.

The Lakers are now expected to turn their full focus to obtaining Dwight Howard, who has asked the Orlando Magic to trade him.

One source close to the process said that the Lakers will instead trade Lamar Odom to the Dallas Mavericks.

The Lakers will receive unspecified draft considerations from the Mavericks in exchange for Odom, whose contract slots into the Mavericks' trade exception created in their three-team trade earlier Saturday that sent Tyson Chandler to New York.

Marc Stein is a senior writer for ESPN.com.

Follow Marc Stein on Twitter: @ESPNSteinLine
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