Breaking News: Thunder Rescind Chandler Trade
Feb 18, 2009 10:53 PM EST
The Hornets and Thunder agreed to a trade that sent Tyson Chandler to Oklahoma City in exchange for Joe Smith, Chris Wilcox and DeVon Hardin.
One day later, the four players will be going back to their original teams.
Thunder Executive Vice President and General Manager Sam Presti announced in a press release on Wednesday evening that the team has rescinded its trade with the Hornets for Chandler.
“We were pleased to add Tyson to the Thunder roster,” said Presti. “During the course of the physical examination and outside consultations some questions arose that gave us cause for concern. We felt that this course of action was the best for our organization.”
Rescinding trades in the NBA is a very rare occurrence. During the summer of 2005, the Nets and Blazers agreed on a trade that sent Shareef Abdur-Rahim to New Jersey, but it was rescinded following a physical examination.
The Cavaliers rescinded a trade involving Mateen Cleaves in a deal with Sacramento in 2002 and they also rescinded a deal for Victor Alexander with the Raptors in 1995.