The Atlanta Hawks are in pursuit of acquiring sharp-shooter Kyle Korver from the Chicago Bulls.
While the terms of the trade discussions have not yet been fully disclosed, K.C. Johnson of the Chicago Tribune reported, “the deal would take the Bulls off the hook for the $500,000 guarantee of Korver’s $5 million non-guaranteed salary for 2012-13 and slide him into the Hawks’ traded-player exception, acquired in the Joe Johnson deal with the Nets.”
“It’s also unclear what the Bulls will receive with negotiations ongoing, though one source said they originally agreed to a second-round pick from the Timberwolves and a $5.1 million trade exception”, Johnson added. “Another, less likely possibility would be the second-round pick and Wayne Ellington, whom the Bulls had interest in coming out of North Carolina.”
Korver landed in Chicago after signing as a free agent two years ago and has averaged 8.2 points per game while shooting 42.5 percent from 3-point range in his two seasons with the Bulls.
Chicago has until Sunday to pick up Korver’s $5 million option or pay him a $500,000 buyout.