Chris Paul Elected President of National Basketball Players Association

The National Basketball Players Association has a new president, and his nickname is CP3. 

Los Angeles Clippers point guard Chris Paul was elected president of the NBPA on Wednesday evening. It is the first power shift at the position since Derek Fisher took over for Antonio Davis in 2006.

Paul is the 14th player to be elected president of the labor union. 

Liz Mullen of Sports Business Journal had the scoop on Twitter:

ESPN's Brian Windhorst confirmed the story:

Chris Paul spoke about accepting the position (via CBS Sports and Tim Bontemps of the New York Post):

The NBPA's official Twitter account soon followed with a couple of congratulatory tweets of their own for CP3 and vice president Roger Mason Jr.:

Fisher had been operating as the association's president for a majority of the last seven seasons. A union committee unanimously agreed on a no-confidence vote for Fisher in April, but he resisted calls to step down. 

Fisher tweeted following the announcement:

Fisher wasn't the only person to chime in, as current Golden State Warriors star Stephen Curry added:

NBA legends Magic Johnson and Kenny Smith also shared their thoughts on the move:

ESPN analyst and NBA Countdown co-host Bill Simmons provided his own insight:

Paul joins a prestigious list of former players to hold the position which includes Bob Cousy, Oscar Robertson and Isiah Thomas, but he is the first big name to be elected since Patrick Ewing's term ended in 2001. Paul previously served as vice president on the executive committee the past four years.

CP3 will be charged with getting the players' union to move in the right direction after two years of turmoil that included an extended lockout in 2011 and the unanimous dismissal of former executive director Billy Hunter. 

NBA players apparently believe that the 28-year-old is the right man to transition the union into a new era of success and stability.  

Miami Heat star LeBron James was reportedly considering putting his name in the hat for the job, but he ultimately decided against it.  

The players have spoken—Chris Paul is their choice.