Lakers-Hornets Trade for Mark Williams Rescinded

The Los Angeles Lakers' trade for center Mark Williams from the Charlotte Hornets has been officially rescinded due to the Hornets' failure to satisfy a condition of the trade, as confirmed by multiple sources. This unexpected development means that Dalton Knecht and Cam Reddish will return to the Lakers, along with their 2031 first-round draft pick and a 2030 pick swap. The failure is speculated to be related to physicals, as the trade could not be amended after the deadline passed. The Lakers were hoping to bolster their roster with Williams, especially following the loss of Anthony Davis, making this a significant setback. With the trade deadline over, the Lakers will have to work with their current roster, which features a notably small frontcourt. Updates on the situation are expected as more information becomes available.