The three-point shootout has started

We are getting closer to the main event, the slam dunk contest, so now we got the three-point shootout.

After the first round, Stephen Curry of Golden State leads with 18.

Boston's Paul Pierce and Denver's Chauncey Billups are tied with 17.

Up next is Danilo Gallinari, Channing Frye and Daequan Cook.

UPDATE: Pierce, Billups and Curry reached the finals.

Cook, Frye and Gallinari finished with 15 points and were eliminated.