SoccerByIves is reporting this trade which was posted as a rumor here yesterday as done. Here's an excerpt:

Toronto FC has acquired right back Hunter Freeman from the New York Red Bulls for two supplemental draft picks and other considerations, sources with knowledge of the deal told SBI on Friday morning.

Here are some more detals on the trade: It includes a clause that will force TFC to give the Red Bulls a 2011 second-round MLS SuperDraft pick if Freeman re-signs with Toronto FC at any point in 2009 (Freeman's MLS contract is up on Dec. 31 and he is set to join Norwegian club IK Start on Jan. 1). If Freeman returns to MLS after 2009, his MLS rights would revert back to the Red Bulls, with no compensation being owed to Toronto.