Posted by Sabrina B. @gametimegirl

A seemingly imminent Chris Paul trade has collapsed for the second time in five days.

Sources close to the situation told ESPN.com that the league-owned New Orleans Hornets and the Los Angeles Clippers could not complete their proposed Paul trade because the Clippers ultimately decided that the NBA’s asking price for the All-Star guard is too high.

On Thursday, NBA commissioner David Stern vetoed a three-team trade agreement struck by the Hornets, Los Angeles Lakers and Houston Rockets to send Paul to the Lakers.

At the NBA’s direction, sources said, New Orleans was insisting upon the inclusion of both shooting guard Eric Gordon and Minnesota’s unprotected 2012 first-round draft choice in addition to former All-Star center Chris Kaman and prospects Al-Farouq Aminu and Eric Bledsoe.

The Clippers found the demands “too steep,” according to one source close to the process, even after Paul told the Clippers that he would invoke the 2012-13 option in his contract as part of the trade, ensuring that L.A. would have him next to Blake Griffin for at least two seasons.

It was not immediately known if the Hornets and Clippers plan to keep discussing a deal for Paul or if the Clippers, like the Lakers before them, are so frustrated that they’re prepared to walk away.

WRITTEN BY Chris Broussard is a senior writer for ESPN The Magazine. Marc Stein is a senior writer for ESPN.com & FULL STORY HERE