The Hornets will wait for the NBA's new collective bargaining agreement before they assess Chris Paul's future with the team.

"I think with Chris, until there is a new agreement with the players association, I think it's difficult to say what's going to tactically work," New Orleans president Hugh Weber said. "It may be a totally different landscape."

The Hornets cannot begin extension discussions with Paul until this summer. However, if a lockout occurs, no discussions can start until a labor agreement is reached.