According to ESPN.com, New York Knicks center David Lee will replace Allen Iverson in this year's All-Star Game.
Iverson, who was voted in by the fans to start on Sunday in Dallas, will miss the game for personal reasons.
As for Lee, there may be no player who is more deserving of a spot than the Knicks star.
In 51 games this season, Lee is the leading scorer among centers in the East with 20 points per game, and also holds a conference-high three assists per game.
However, Lee's accomplisments are just one of the many news stories to buzz out of New York today.
Earlier today, a reported trade proposal surfaced within the Knicks organization that would send forward Al Harrington to Washington. The Wizards would then ship Brendan Haywood and Caron Butler to Houston, resulting in the Rockets dealing All-Star Tracy McGrady to the Big Apple.
While everything is still in the early stages, Knicks fans have something to finally look foward to.
In addition to the multiple stories leaking out of the Knicks, the New York Giants also made some noise today.
Middle linebacker and captain Antonio Pierce was realeased after five seasons.
Pierce, who has led his team in tackles from 2005-08, is recovering from a bulging disc, and has been the topic of debate after general manager Jerry Reese and head coach Tom Coughlin declined to comment on his future with the G-Men.
It's days like today that prove New York is the city that never sleeps.