Think again. The public choice and collective-ownership implications of this move are fascinating!
NBA commissioner David Stern killed the New Orleans Hornets’ trade of Chris Paul after several owners complained about the league-owned team dealing the All-Star point guard to the Los Angeles Lakers, league sources told Yahoo! Sports.
Some owners pushed Stern to nullify the trade and that the Hornets be made to keep Paul on the roster for the foreseeable future, sources said. A chorus of owners were irate with the belief that the five-month lockout had happened largely to stop big-market teams from leveraging small-market teams for star players pending free agency.