The proposed Chris Paul trade to the Los Angeles Lakers has created a firestorm.

The Hornets, who are owned by the league which acquired it from George Shinn a year ago, realized it was unlikely they would be able to retain Paul with a contract extension or in free agency after he opted out of his contract after this season.

So New Orleans general manager Dell Demps, a respected player personnel man who came from the respected San Antonio Spurs, went to work, hoping to get something for Paul instead of nothing if he left in free agency. Or in Stern’s words, “Getting something more for that player in the event he will leave than if he stays.”

Demps, in his second year as GM of the Hornets, arranged a huge three-team trade with the Lakers and the Houston Rockets: Paul to the Lakers; Los Angeles forward Lamar Odom to the Hornets and Los Angeles forward Pau Gasol to the Rockets, who would have sent forward Luis Scola, guards Kevin Martin and Goran Dragic and a first-round draft pick to New Orleans.

Stern got serious pressure from a number of owners, including Cavs owner Dan Gilbert, who fired off a letter to Stern and other owners calling the trade a travesty.

This trade should go to a vote of the 29 owners of the Hornets.

Over the next three seasons this deal would save the Lakers approximately $20 million in salaries and approximately $21 million in luxury taxes. That $21 million goes to non-taxpaying teams and to fund revenue sharing.

I cannot remember ever seeing a trade where a team got by far the best player in the trade and saved over $40 million in the process. And it doesn’t appear that they would give up any draft picks, which might allow to later make a trade for Dwight Howard.

The teams are still talking in an attempt to salvage the deal and they have appealed Stern’s decision.

Meanwhile, Stern and the NBA are being savaged by commentators everywhere. Here’s Bill Simmons and Micheal Wilbon.

It might be a long winter for NBA fans.

The NBA Players Association announced the players’ rejection of the league’s latest offer today along with the decision to begin disbanding the union. It looks like a move aimed at getting the owners to one last round of negotiations. If the owners sit down again, maybe this gets resolved soon. If the owners balk, then this likely goes to court and the season is likely lost.

Adrian Wojnarowski has the latest on the turmoil within the NBA players association, and the picture isn’t pretty.

After Billy Hunter made the grand stand of marching out of Friday’s bargaining session, refusing to negotiate below 52 percent of the NBA’s revenue split, a strong movement within the Players Association emerged that vowed the union will never let him act so unilaterally again.

From superstars to midlevel players to rookies, there’s an unmistakable push to complete the final elements of the system and take this labor deal to the union’s 400-plus membership. Beyond that, there’s an even larger movement to push Hunter, the Players Association’s executive director, out the door once these labor talks are done. All hell’s broken loose within the union, and no one is exactly sure how they’re going to get a deal to the finish line.

“Billy can’t just say it’s 52 or nothing, and walk out again,” one league source involved with the talks told Yahoo! Sports. “That will not happen again. It’s time that the players get to make a decision on this, and there won’t be another check lost before they do.”

Rest assured, there’s a vast gulf in the union, and it’s growing with the passing of every day. Players Association president Derek Fisher’s(notes) letter to the players convinced no one otherwise. NBA commissioner David Stern and the owners know it, and it’s part of the reason they won’t raise their offer of the BRI revenue split to 51 percent. There are system issues that need to be resolved for players, but this deal gets done at 50-50, and that’s been true for a long, long time.

In the end, there are two courses for the union: Take the deal largely on the table or blow this up, decertify and lose the season fighting the NBA in the federal courts.

Only, it’s too late to decertify. Everyone wanted to do it back in July when the lockout started, and Hunter refused. His decision had nothing to do with legal strategy, nothing to do with leverage or getting the best possible deal for the players. It had everything to do with what it always does with Hunter: self-preservation. He worried about losing power, losing his job, and he sold everyone on a toothless National Labor Relations Board claim that’s going nowhere.

Jason Whitlock has a different view, putting more blame on Fisher.

Either way, the whole situation is a mess. I tend to think Fisher is right here, realizing that the players can only push this so far.

The NBA and the players are making progress towards a deal after a 15-hour marathon negotiating session yesterday. Talks will resume today at 2 PM.

Adrian Wojnarowski is reporting that the sides are focusing on system issues and the salary cap, and the the split issues can be addressed once this formula is worked out.

The quotes cited in his article suggest that momentum is pushing both sides to a deal. I haven’t lost any sleep over this, as the NBA isn’t nearly as interesting or fun as the NFL, and the NBA season is way too long. I really wouldn’t care if half the season was cancelled.

That said, in this economy, many people rely on the NBA for their livelihood, and I’m not referring to the players. The ripple effect is also important, as bar owners and hotels benefit from a full NBA season. With that in mind I’m hoping this gets wrapped up soon. Whatever they decide, I’m sure this will improve things for the owners and hopefully for the game as well.

Following his meltdown in last year’s Finals, LeBron James is going to take a lot of heat from critics, and Magic Johnson is happy to pile on.

Per ESPN…

Fisher wrote: “Our game has never been more popular and we’re poised to see tremendous revenue growth over the next 5 to 6 years. … We must share fairly in the continued growth of our business. Any deal that decouples us from a fair share of the revenue growth in the years ahead is a deal we cannot accept. Period!”

Fisher said he still firmly believes that the NBA’s 30 teams do not share the same goals in the lockout — a point he made in a letter to the union’s membership last week.

“There are a number of team owners that will not lose the season over the hard cap system. We’ve been clear from Day 1 of this process that we cannot sign off on a deal that attempts in any way to include a hard salary cap for our teams. That has not changed,” Fisher said.

CBSSports.com reported earlier Monday that the league and the union have scheduled small group sessions for Tuesday and possibly Wednesday to continue talks. Numerous sources close to the situation have told ESPN.com that a deal must be struck by Oct. 15 at the latest to preserve the scheduled start of the regular season Nov. 1.

So it sounds like Fisher’s strategy is to hold firm and wait for the splinter amongst the owners to deepen. There is a subsection of the owners that wants a hard cap, while the rest aren’t willing to lose the season over the hard cap. The players believe that revenue sharing is the way to keep small markets competitive, yet the hard-liners can point to the NFL and to the Green Bay Packers and the New Orleans Saints as small market teams that have been able to thrive with a hard cap.

My issue with using revenue sharing as a way to keep small market teams competitive is that is has to be substantial enough to allow those small market owners to put the same (or similar) money into payroll as the big market teams. But that’s probably not going to happen. The hard cap guarantees that the teams can only pay so much on their players which means everyone is working with the same payroll.

The latest round of negotiations ended on Thursday with no deal, and it’s going to cost the league at least part of the preseason.

The NBA is expected to announce Friday it will postpone the start of training camp and the opening slate of exhibition games after a negotiating session Thursday in New York between players union executive director Billy Hunter and commissioner David Stern ended without a labor agreement or progress toward one soon, league sources said.

Stern, according to one source, told Hunter in Thursday’s meeting the owners want to reduce the players’ cut of basketball-related revenue to a figure well below 50 percent. Under the previous agreement, which expired July 1, the players were guaranteed a minimum of 57 percent of basketball-related revenue would be spent on salaries.

The league offered players a 46 percent of basketball-related revenue, 11 percent less than they received in last deal and seven percent less than last proposal by players, a league source said. Owners agreed to try to come up with a mechanism to solve their issues without adding a hard salary cap before the next meeting, according to the source.

Stern acknowledged Thursday that “the calendar is not our friend” when it comes to keeping the NBA season intact.

Wow, 46 percent? I thought the two sides were at least in the same ballpark on the economics even if they couldn’t agree on which type of salary cap (hard or soft) to use.

Jason Terry is the player rep for the Dallas Mavericks and this is what he had to say about the current state of the labor negotiations:

Terry said Tuesday that his optimism earlier in the process that a new labor deal would get hammered out and his Mavericks would begin their title defense on time has dissipated.

“For me it’s tough,” Terry said. “Not only did we do something great and have been sitting back enjoying it, but training camp is right around the corner. But it’s not looking good for us to get things started on time. Right now, at this point where we’re at, both sides are still far apart.”

Terry said he has been told not to talk about specifics of the negotiations; however, reports suggest the owners’ stance for a hard cap appears to be a prime sticking point. Terry attended one of the first negotiating sessions in July. He has not participated in any meetings since, but he said he is constantly apprised of the situation so he can keep teammates updated.

“When you’re in there, as opposed to reading in the newspaper or watching on TV, you really get to see people’s reactions and really see how important this deal is, not only to the owners, but to the players and not only my era but to eras that we will leave behind,” Terry said. “It’s a lot of work that has to be done. It’s not anything that you can iron out in a day or two. This is a lengthy process and if you are not on the same page with the person you are negotiating with then it’s just going to make for a long negotiation.

“Because it’s getting down to the final minutes, we don’t want to rush into anything just to try to save the season. But, as we stand right now, the owners aren’t moving and we definitely are staying strong together as a union.”

Strap in, people. This looks like it’s going to be a long one.

Bayless gave Chris Bosh the nickname “Bosh Spice,” and Bosh came on “First Take” to talk to him about it.

Ken Berger updates the status of the NBA labor negotiations.

What ultimately led to a deal [in the NFL] was the same thing that will lead to one in the NBA: the calendar. With NFL training camps about to open, both sides decided that the time for posturing and suing each other was over and the time to actually negotiate a labor agreement was upon them.

Courts were never going to end the NFL lockout, and they’re not going to end the NBA’s, either.

[Billy] Hunter has signaled his willingness to move on the economics, perhaps as low as 52-53 percent — down from the players’ previous take of 57 percent — to get a deal. But on Tuesday in New York, he told the owners he wasn’t going to give them the money and the system they want to go with it. With an unknown number of owners hellbent on a hard salary cap — Fisher said Thursday he believes it’s actually less than half — Hunter is facing the most difficult fight of his 15-year tenure leading the players union.

But the tough position he finds himself in cannot be credited solely to the owners, the opponent. It is also attributable to the enemy within — the forces who insist on zigging while he zags — and the hundreds of players who remain silent while he and Fisher and an executive committee of journeymen stick up for them.

Berger laments that just 10% of the players showed up to the union meeting in Las Vegas and that the stars seem content to watch the negotiations from afar.

But back to the deal at hand — it seems that the players are willing to concede on the percentage they get, but won’t also give the owners the other thing they want — a hard cap.

If I had to guess, this is going to drag out into late this year and a deal will only get done when both sides decide it’s time to save the season.

For more on this week’s talk, check out Berger’s update.