The Los Angeles Lakers have reportedly pulled out of the three-team deal that would've netted them Chris Paul, instead opting to send one piece in the reported trade, Lamar Odom, to the Dallas Mavericks. Odom was all set to be dealt to the New Orleans Hornets as part of a three-team deal for Paul that also included the Houston Rockets. Instead, it appears Odom will be heading to Dallas, slotting into the Mavericks' trade exception.
The report comes from ESPN's Marc Stein.
So to recap: Lakers take Odom out of three-team CP3 deal and deal him to Mavs into new DAL trade exception created in Tyson Chandler deal. Sources say Lakers will receive unspecified draft considerations from Dallas for the rights to Odom, who slots in Mavs' new trade exception.
It was also confirmed by Yahoo!'s Adrian Wojnarowski. The Mavericks acquired the trade exception by way of a three-team deal involving Tyson Chandler on Saturday.
One can take a guess at why Los Angeles is sending Odom away -- a near-necessity after the Chris Paul ordeal -- but the consensus seems to be the Lakers are setting themselves up to make a deal for Dwight Howard.