Knecht, 22, was set to be traded to the Hornets at the deadline for center Mark Williams, as the Lakers hoped to land a lob-threat big man to fit the roster's new outlook. However, the trade was rescinded due to "a failure to satisfy a condition of the trade," according to an official report released by the Lakers.

The trade that included Hornets Mark Williams and Lakers Dalton Knecht has been rescinded. In some shocking news, it was announced on Saturday that the trade th

The trade between the Los Angeles Lakers and Charlotte Hornets centering on Dalton Knecht and Mark Williams fell through late Saturday night, and that's left both teams in a seemingly awkward position with both players returning to their original teams.