Bulls Agree To Trade Kyle Korver In 3-Team Deal
Written by Nick Metallinos    Saturday, 14 July 2012 14:28    PDF Print E-mail

The Bulls are cutting salary and Kyle Korver is set to be the casualty. Chicago have agreed to send the three-point specialist to the Minnesota Timberwolves who would then forward Korver onto the Atlanta Hawks. The move is a cost-cutting procedure for the Bulls who are looking to shed Korver's $500,000 portion of guaranteed money of his $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.

Korver, who came to the Bulls two seasons ago as a free agent from Utah, reflected back positively on his time in the Windy City.

"It's a bit of a bummer for sure," Korver told ESPN 1000's "Chicago's GameNight" on Friday. "I love Chicago. I loved putting on a Bulls uniform. & What do you do? We learned this is a business and teams are going to make business decisions. & I'm gonna go to Atlanta and try and go out there and play well."

Chicago had until Sunday to pick up Korver's $5 million option or pay him a $500,000 buyout.

Last Updated ( Saturday, 14 July 2012 14:41 )
 

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