LOS ANGELES — Chris Paul isn't coming to Los Angeles, at least not now.

The Clippers rejected a proposed deal by the New Orleans Hornets for the All-Star guard because the team felt "the cost was just too high," general manager Neil Olshey said Monday.

Whether the deal is altogether dead, though, remains to be seen.

"Everything's over until it's reborn again," Olshey said. "New Orleans made a fair offer on their end. We didn't think that it was something that we wanted to pursue at this point."

Olshey declined to identify who the Clippers had offered in exchange for Paul but their package reportedly included center Chris Kaman, reserve guard Eric Bledsoe, forward Al-Farouq Aminu and their No. 1 pick in the 2012 NBA draft.

It's the second time in five days that a deal moving Paul to Los Angeles fell apart. The Lakers were involved in the first deal.