Rockets, Hornets stunned by Lakers dropping out of CP3 race

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After weeks of work that had a trade to send Chris Paul to the Lakers — a deal that was consummated once only to have David Stern crush it — the Lakers unexpectedly walked away from the deal Saturday.

Why? We’ll take a stab at that in a second.

But first, the Lakers move left the Rockets and Hornets shocked and with their plans for the future blown up, reports Ken Berger at CBSSports.com.

The Rockets, who were supposed to get Gasol in the various versions of the ill-fated, three-team Paul trade, were said to be disconsolate over the breakdown in the talks. League sources said Houston’s plan had been to acquire Gasol and follow it up by acquiring free-agent big man Nene with a four-year, $60-$64 million offer.

As disappointed as the Rockets and Lakers were, the Hornets’ coaching staff and front office were said to be in “collective shock,” according to a person in touch with key members of the team. The breakdown of the Paul trade sent the Hornets scrambling for another suitor for the All-Star point guard, who has made it clear he wants to be traded or will leave New Orleans as an unrestricted free agent after the season.

For the Rockets, it’s unclear if that bid would have been enough to land Nene, who reportedly has a $70 million offer from the Nets (although some sources dispute that figure). The Rockets would have been in the bidding and would have had an imposing front like of Gasol and Nene. But now, they have Luis Scola and Kevin Martin still.

For the Hornets, there are still suitors for CP3 but will they get a package as good as Odom, Scola and Martin (plus Goran Dragic and a pick)? The league said David Stern wanted younger players to rebuild, but those quality players could have been flipped for good young players in secondary trades. Just getting good young players is hard, teams don’t like to give them up. Besides, Chris Paul would re-sign with the Lakers so they would make that trade, but that may not be the case with the Clippers, Warriors or Celtics.

As for the Lakers and why they backed out? Here’s my guess.

Jim Buss, the guy running the team now and son of long time owner Jerry Buss, wants to make a splash and put his stamp on the franchise. That’s why the sharp move away from the triangle offense to Mike Brown in the coaching search. That’s why long-time staff perceived to be “Jackson people” were removed from the organization last summer.

Buss wanted Paul and Dwight Howard. He was greedy. And despite what Lakers fans (and L.A. sports talk radio hosts) think, that was never going to happen. If the original Chris Paul trade went through, the Lakers would not have had the pieces to get Howard in a trade. The price for Howard has always been to take on Hedo Turkoglu’s disastrous contract (without D-12 the Magic go into rebuilding mode and Turkoblu is an anchor on that). The Lakers would have had Chris Paul and could have offered Andrew Bynum, but they had no way to take back Turkoglu, too. They would have already surrendered Odom and Gasol.

With Howard pushing his way out in Orlando now, Buss got a picture of the true price of Howard, realized he needed Gasol to get him, and it came down to choosing Howard or Paul. He couldn’t have the dream of both. And the choice there is always Howard — great bigs are harder to come by. Howard is your bridge to the post-Kobe Bryant era.

So he pulled out. And left the Rockets and Hornets in limbo.