11:44 PM: TRADE: Philadelphia trade the rights to Petteri Koponen (#30) to Portland for the rights to Derrick Byars (#42) and Cash

11:43 PM: TRADE: Indiana have acquired the rights to #39 Stanko Barac from Miami for a 2009 second round Pick

11:35 PM: TRADE: The Boston Celtics trade Wally Szczerbiak, Delonte West, and the rights to Jeff Green (#5) to Seattle for Ray Allen and the rights to Glen Davis (#35)

11:22 PM: RUMOR: ESPN is reporting that a proposed trade would see Philadelphia trade the rights to Petteri Koponen (#30) to Portland for the rights to Derrick Byars (#42) and Cash

11:20 PM: TRADE: The Charlotte Bobcats have traded the draft rights to Brandon Wright (#8) to Golden State for Jason Richardson and the rights to Jermareo Davidson (#36)

11:17 PM: RUMOR: Ric Bucher is reporting that there is a proposed deal between the Bobcats and Warriors that would send Jason Richardson to Charlotte in exchange for Brandan Wright.

11:10 PM: RUMOR: ESPN is reporting that Portland have purchased the #24 pick from Phoenix for cash considerations and will take Rudy Fernandez

11:08 PM: RUMOR: ESPN is reporting that Miami and Philadelphia will flip-flop the 20th and 21st picks. Jason Smith will go to Philadelphia, while Miami will get Daequean Cook and cash

09:15 PM: RUMOR: The Knicks have agreed in principle to acquire Zach Randolph, Dan Dickau and Fred Jones from the Blazers for Channing Frye and Steve Francis.

08:57 PM: TRADE: Delonte West, Wally Szczerbiak and Boston's No. 5 draft pick, Jeff Green have been dealt to Seattle for Ray Allen and the 35th pick.

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07:43 PM: RUMOR: The Sonics and Celtics have agreed to a trade which will see Ray Allen join Paul Pierce in Boston, while the fifth pick, Delonte West and Wally Szczerbiak will be headed to Seattle. The Sonics will take Jeff Green with pick 5, if available.

07:34 PM: Welcome once again to RealGM's coverage of the 2007 NBA Draft. The first pick will be announced shortly.

07:30 PM: RUMOR: ESPN is reporting that Billy King and the Sixers are still trying to move up from the 12th pick. The Sixers believe they can get up high, with the Bucks' 6th position a target, where Philly would take a power forward

07:26 PM: RUMOR: Jim Gray is reporting that the Warriors have just entered the Kevin Garnett sweepstakes.

07:18 PM: RealGM's Jason M. Williams and Andrew Perna are camped out at the media hotbed that is the NBA Draft. Make sure to check in on their running blog all night as they'll be supplying you with running commentary on everything going on inside WaMu Theater at Madison Square Garden.

07:10 PM: RUMOR: Ric Bucher reports that the Nuggets are shopping Marcus Camby to Atlanta for the 11th overall pick.

07:08 PM: RUMOR: Andy Katz is reporting that the Celtics and Sonics are discussing a deal that would send Ray Allen to Boston in exchange for the #5 pick, Delonte West and Wally Szczerbiak.

07:06 PM: RUMOR: Ric Bucher reports that Kevin Garnett will not be traded on draft night.

06:17 PM: RUMOR: Wojnarowski is also reporting that the Portland Trail Blazers and New York Knicks are having "serious discussions" about a trade that would send Zach Randolph and Martell Webster to the Knicks for Steve Francis and Channing Frye.

06:16 PM: RUMOR: Adrian Wojnarowski of Yahoo is reporting that multiple league sources are saying that the New Jersey Nets have made an offer of Richard Jefferson, Nenad Krstic and Jason Collins to the Pacers for Jermaine O'Neal.

05:23 PM: RUMOR: ESPN's Chad Ford is reporting that the Wolves have contacted the Charlotte Bobcats to try to help facilitate a deal for Kevin Garnett. Sources tell Ford that the Wolves are asking the Bobcats to give up the No. 8 pick along with an undisclosed player. In the proposed deal, Garnett would go to Phoenix, and the Suns would send Amare Stoudemire to Charlotte. The Bobcats would also be required to take Suns guard Marcus Banks.

04:59 PM: RUMOR: According to Aran Smith of NBADraft.net, Bryan Colangelo may be trying to trade Juan Calderon for the 11th pick in an attempt to land Italian prospect Marco Belinelli

02:47 PM: TRADE: The Orlando Magic have traded a second round pick (54th overall) in the 2007 NBA Draft to the Houston Rockets in exchange for cash considerations.

07:23 AM: Welcome to Draft Night 2007. My name is Christopher Reina and I will be your host for the evening. Andrew Perna and Jason M. Williams interviewed the Green Room players yesterday and will be covering the draft for RealGM live from the WaMu Theater at Madison Square Garden in New York City. We will be keeping you updated with all the rumors, trades and of course the draft selections as soon as they take place. Enjoy our coverage and I hope your team comes out improved at the end of the night.