NEW ORLEANS (AP) — NBA Commissioner David Stern says his only consideration during trade talks concerning Chris Paul was getting the best deal for the New Orleans Hornets.

Stern says he believes he’s succeeded with Wednesday night’s deal in which the Hornets traded Chris Paul to the Los Angeles Clippers for guard Eric Gordon, forward Al-Farouq Aminu, center Chris Kaman and a first-round draft choice.

The deal required Stern’s approval because the Hornets are owned by the league. The commissioner says he did not believe a deal he rejected involving the Lakers last week was as good for the Hornets, which the league intends to sell to new owners who’ll keep the team in Louisiana.

Stern says “the future of the Hornets in New Orleans is brighter than it’s ever been.”

Cavs waive Davis

CLEVELAND (AP) — The Cavaliers have waived veteran point guard Baron Davis, using the NBA’s new “amnesty clause” to clear space under the salary cap.

Davis, acquired in a trade last season from the Los Angeles Clippers, is now a free agent. He will be paid $28 million owed over the next two seasons. His release had been expected since training camp opened. The 32-year-old has not been able to practice because of a bulging back disc.

Bulls ink Hamilton

DEERFIELD, Ill. (AP) — Veteran guard Richard Hamilton has signed with the Chicago Bulls, joining MVP Derrick Rose in what figures to be a deep backcourt.

Terms were not released, but a person familiar with the situation said earlier in the day it’s a three-year, $15 million deal.