Updated

The Los Angeles Lakers nearly landed Star point guard Chris Paul in a three-way deal, but a report says the trade has been blocked by NBA commissioner David Stern.

Yahoo! Sports first reported the Lakers will acquire Chris Paul in a three- team deal with the New Orleans Hornets and Houston Rockets, but later Thursday said Stern intervened and called it off.

Team owners were said to be against the deal and swayed Stern to nullify the pending deal.

The Hornets, owned by the NBA, would have received forward Lamar Odom from the Lakers and guards Kevin Martin and Goran Dragic and forward Luis Scola from the Rockets.

Houston, meanwhile, was said to be landing Pau Gasol while also sending a draft pick to New Orleans.

Paul tweeted, "WoW," after reports surfaced the trade was nixed.