LOS ANGELES —The Lakers’ trade for center Mark Williams has been “rescinded” because of a “failure to satisfy a condition of the trade,” the team announced on Saturday evening.
The Lakers on Wednesday night acquired Williams from the Charlotte Hornets in a deal that was officially announced on Thursday night for rookie wing Dalton Knecht, veteran wing Cam Reddish, their 2031 first-round pick and a 2030 first-round pick swap.
But the trade was voided, with no elaboration on what condition of the trade wasn’t met.
The Lakers’ full statement from Saturday night read: “The trade between the Charlotte Hornets and the Los Angeles Lakers has been rescinded due to failure to satisfy a condition of the trade.”
More to come on this story.