why is nothing happening yet?

Pretty much owners and players/agents will wait until the deadline to release any and all information about trades.....even though most were done in the waking hours. Few actually go until the actual "deadline" time.

I say watch Sportscenter in the morning.

It will all 'seemingly' happen with only a few hours to go. But in reality, the trades are getting done now - pieces put together, and GMs mulling over whether to pull the trigger or not.

all the GMs are waiting till the last moment to assess all their options.. i also think everyone is waiting for the gasol deal to go through which could trigger a domino effect in the trade market

What are you talking about? The Bucks signed Jared Reiner to a 2nd 10-Day Contract! That's huge news!!!!

They're stalling. They'll wait until the absolute last moment to make sure they're getting the best deal possible.