It hasn't hit the major media outlets as of yet, but the Chicago Bulls have decided to fire General Manager Gar Forman, VP John Paxson, and Head Coach Fred Hoiberg.
Apparently, Bulls owner Jerry Reinsdorf simply cannot deal with paying the NBA Luxury Tax for a team that is doomed to miss the playoffs.
Obviously this is an absolutely huge story, and all the details aren't known as of yet. I'll update this story when I know more.
UPDATE, 7:45 PM CT: After spending most of my day on Twitter, some of it sleeping, and parts of it watching TV, I finally have an update...
It's April 1st, hope everyone had a great April Fool's Day.