The Chicago Bulls are in talks to deal reserve swingman Kyle Korver in a sign-and-trade arrangement, according to Neil Hayes of the Chicago Sun-Times. The Minnesota Timberwolves and Atlanta Hawks are said to be the two teams most interested in Korver's services.
Korver has a contract for $5 million next year, but only $500,000 is guaranteed. The Bulls have until Sunday to decide whether to guarantee the contract, and while that is still under consideration, according to Hayes, it looks like the first choice is to send him out. The Bulls are looking to create wiggle room under the luxury tax for both this year and for future years, which also explains why they released backup guards Ronnie Brewer and C.J. Watson.
Korver averaged 8.1 points per game off the bench for the Bulls last season. His strength is his three-point shooting, as he is a career 41-percent marksman from deep. Last year, Korver shot 43.5 percent from beyond the arc.