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More CP3 Trade News (Updated)

Sports Illustrated's Chris Mannix is tweeting that it's the Rockets sweetening the deal for the Hornets. They must really want Pau (to go with Nene) bad.

@ChrisMannixSI:

"As SI reported last night, Rockets sweetening the @CP3 deal with young players. Unclear who is involved" yet.

Click the link to read CBS' Ken Berger's report on the details of the revised proposed trade between the Lakers, Hornets, and Rockets.

CBS.com:

"Houston would still get Pau Gasol from the Lakers in the three-team swap, while the Rockets would send Luis Scola and Kevin Martin to the Hornets, as in the original version that was killed by commissioner David Stern in his role as final decision-maker on major personnel moves for the league-owned Hornets. It wasn't immediately clear how the Hornets were satisfying the league directive to acquire young players and valuable draft picks in the deal, but one minor tweak that New Orleans GM Dell Demps was trying to add was the inclusion of second-year forward Devin Ebanks from the Lakers, sources said."

Twitter:

"Now appears Lakers will keep Devin Ebanks, and that additional young talent to New Orleans will be coming from the Rockets, sources confirm."

Throughout the Lockout, Ken Berger proved to be as reliable as they come. Read away. Comment here.

UPDATE (5:25 PM): Woj...

The New Orleans Hornets have delivered a reconstructed framework of the three-team blockbuster trade sending Chris Paul trade to the Los Angeles Lakers into the NBA office for approval, league sources told Yahoo! Sports.

In the latest details available to Yahoo! Sports, sources say that New Orleans would send the Lakers Paul, and possibly two Hornets free agents - center Jason Smith and Marcus Banks - would be sent to the Lakers in sign-and-trade agreements.

The Rockets would send Kevin Martin, Luis Scola, a 2012 first-round pick and possibly young players or additional picks to the Hornets.

The Lakers would send Lamar Odom to the Hornets, Pau Gasol to the Rockets and league sources say that Los Angeles was pursuing a first-round pick to send to the Hornets.

"It's in David Stern's hands now," one source said. "He'll decide on the trade."

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