
Friday, March 19 - 4:16 AM EDT
NBA: Hornets will not trade Chris Paul
Posted: Fri, Jul 17, 09 - 8:41:03 PM EDT
Chris Paul Credit: Getty Images
Source: New Orleans Times-Picayune
While watching the Hornets' summer league team play Thursday night in Las Vegas, Chris Paul told a reporter there's chance he soon could be traded.
With the luxury tax threshold set this upcoming season at $69.92 million and the Hornets' current payroll at $78.8 million, they are desperate to dump salaries to avoid having to pay the tax penalty next summer.Due to its financial limitations, New Orleans is the only team in the Southwest Division that has yet to acquire a player through free agency or by a trade to improve its roster this offseason. n response Friday, Hornets President Hugh Weber said the possibility of them trading Paul is zero.