Bulls to Trade Kyle Korver to Hawks
Strictly a financial move by the Bulls.
The Bulls have done little to nothing in free agency and their team seems weaker than it has ever been. That isn’t even taking into account no one knows for sure when Derrick Rose is coming back.
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Korver has been traded by the Chicago Bulls to the Atlanta Hawks, reports K.C. Johnson of the Chicago Tribune. And it’s not exactly a straight swap, it involves the Timberwolves and could involve Chicago getting Kirk Hinrich back in a sign-and-trade.
The Korver trade to Atlanta means the Bulls won’t have to pay him $500,000 had they waived his $5 million non-guaranteed contract.…The Korver trade is via Minnesota into Atlanta’s traded player exception, meaning Bulls get 2nd-round pick from Minny and save $500K.