Jerry Buss has followed through with his threat and has removed the $9 million offer that the Lakers put to Lamar Odom after the champion forward did not respond, the L.A. Times is reporting.
Buss grew upset and broke off all negotiations after the offer was reportedly on the table for over a week, and he heard nothing back either way.
"Yes, we have taken the deal off the table," Lakers public relations director John Black said. "Talks have broken down for the time being."
Black was asked if talks could resume in the future.
"That's within the realm of possibility," he said.
Lakers team officials, who were not authorized to speak about the negotiations, said Buss offered Odom a deal for $9 million a season for four years at $36 million, or $10 million a season over three years for a total of $30 million.
Odom and his agent, Jeff Schwartz, were looking for $10 million a year over five seasons.