On Dec. 8, 2011, In an unprecedented move, a three-team trade that would have sent Chris Paul from the New Orleans Hornets to the Los Angeles Lakers is vetoed by Commissioner David Stern. With the NBA owning a majority-stake in the Hornets, the trade was overturned amid pressure from other team owners who opposed the transaction. Paul was subsequently traded to the LA Clippers before the NBA sold the Hornets to New Orleans Saints owner Tom Benson.
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