Los Angeles Lakers legend Magic Johnson voiced his displeasure on NBA commissioner David Stern’s decision to void the trade between the Lakers, Houston Rockets, and New Orleans Hornets that would have sent Chris Paul to Los Angeles.
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Johnson, 52, is a former partial owner of the Lakers. The three-team trade, which involved the Hornets, Lakers, and the Houston Rockets, was nixed by the league late last night. According to NBA spokesman Tim Frank, the league “declined to make the trade for basketball reasons.” Several owners also publically complained about the deal before it was cancelled, claiming the trade would hurt the league’s competitive balance.