Has Ray Allen been traded? (Twitter said yes, real world says no)

Twitter is exploding with news that the 3 Point King has been traded. We'll keep you posted. If you hear anything, please post a link in the comments section.

In other NBA news the Nets just acquired Gerald Wallace for a 1st rounder.

The Lakers have just traded for Ramon Sessions. Big move for the Lakers. Sessions is so much better than the corpse of Derek Fisher it's not even funny.