The Clippers made perhaps their biggest move in franchise history by trading a boatload of assets to deal for one of the game's elite players. In exchange for Paul, the Clippers will send rising star Eric Gordon, last year's lottery pick Al-Farouq Aminu, Chris Kaman (a serviceable big man that is a former All-Star and on an expiring contract), and an unprotected 2012 draft pick that belongs to Minnesota (which will almost certainly be a high lottery pick). That's a lot to give up for one player, but the chance to trade for one of the league's top 5 players in his prime doesn't come along often.
Meanwhile, the Lakers must be furious. They had a trade in place a week ago to land Paul for a package that included Pau Gasol and Lamar Odom. The deal also included the Houston Rockets, who would have received Gasol in the deal in exchange for sending assets headlined by Kevin Martin and Louis Scola to New Orleans, along with Odom. Their plans were derailed when Stern stepped in to squash the deal after several small market owners (most notably, Dan Gilbert and Michael Jordan) whined about how the recently concluded lockout was supposed to prevent big name stars from fleeing small markets for large markets. With their gigantic TV contract, the Lakers are the league's richest team, making them the last destination these other owners wanted to see trading for a player of Paul's caliber. The logic behind blocking the trade was indefensible, as everyone knew the Hornets would be forced to trade Paul at some point since he had no intention of staying in New Orleans after this season. The assets they would have received in that trade was an impressive haul and may have even been the better end of the deal than what the Lakers would have gotten with Paul. Now the Lakers will be forced to watch Paul play for another team that not only resides in the same city, but shares the same building.
To justify those actions, the league could not allow Paul to be traded without a more desirable deal being offered to New Orleans. The Clippers initial attempts to acquire Paul fell apart when they refused to include both Gordon and the draft pick from Minnesota in the deal, offering to include Eric Maynor in place of one of those assets. When talks heated up again days later, the Clippers relented on their stance and agreed to include both of their prize assets, while keeping Maynor. That was apparently enough to make the package meet the league's approval, so their persistence paid off.
In the end, Paul still winds up in LA and the Hornets come away with an even better package than they would have gotten from the Lakers. Knowing that Paul was going to bolt this summer, the Hornets cashed in for more than they could have hoped for, while also cutting costs, which should help the league's quest to find the team a new owner. As for the Clippers, they instantly become a contender in the West by pairing one of the league's best established players with one of it's fastest rising stars. As part of the deal, Paul will agree to pick up his player option for next season, so ensuring they have him for at least two seasons helps mitigate the loss of young talent they gave up. If the team finds success in the next couple of seasons it may sway Paul to sign an extension with the team, which in turn would likely result in Griffin agreeing to stay with the Clippers long term (that is, as long as owner Donald Sterling doesn't manage to screw it up. A legitimate concern for Clippers fans). If not, at least they get two seasons of the All-Star pair, which is enough to build excitement for a long suffering fan base and help them step out of the shadow of the Lakers. Stealing the Lakers thunder makes the deal worth it for the Clippers. It finally makes them relevant.
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