It had more to do with the washington incident involving Arenas and Crittenten the same year. The Raptors/NBA, obviously wanted nothing to do with what was going on in the wizards locker room and decided to change the name.
Gil and Crittenton were just petitioning for washington to be named "bullets" again.
The term "young gun" has been applied to any young player who makes shots as long as I can remember. They also use the term gunslinger for any volume shooter. Commentators are pretty lazy with catch phrases and a lot of them are fairly inappropriate ("facial"? really?).
That along with penetrate or penetration.
I'm honestly just waiting for two players to attack the rim on back to back plays. So, some doorknob like JVG will go "and you see the double penetration on both ends."