According to Shams, a famous reporter, Chris Paul announced on social media that he will retire after this season!

On December 9, 2011, the New Orleans Hornets (now the Pelicans) reached a deal with the Lakers, and Paul would go to the Lakers. However, the deal was later vetoed by then-NBA commissioner David Stern for "basketball reasons."

The deal was opposed by other NBA team owners, who jointly asked Stern to veto the deal. Since the Hornets were under trusteeship by the league at the time, the deal was ultimately vetoed by Stern for "basketball reasons."