HoopsHype.com Rumors

The Chicago Bulls' trade of forward Kyle Korver to the Atlanta Hawks in exchange for a trade exception and cash considerations became official on Monday, the team announced. ESPN.com

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

The Atlanta Hawks have acquired veteran marksman Kyle Korver from the Chicago Bulls in exchange for cash considerations, it was announced today by President of Basketball Operations/GM Danny Ferry. “I appreciate the toughness and the competitive energy Kyle brings to the game every night, and we’re very excited to add him to our team.” said Ferry. “Adding him makes shooting an even greater strength for our club.” NBA.com

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

KC Johnson: Bulls officially announce Kyle Korver trade, reported Friday. Minny pulled out and Bulls get a trade exception. Twitter

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

John Hollinger: Chicago gets $5M trade exception to park for next summer. Twitter

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

KC Johnson: Kyle Korver took his physical in Atlanta today. Trade expected to be completed later today or tomorrow. Minnesota has been in/out of deal. Twitter

Atlanta Hawks, Chicago Bulls, Minnesota Timberwolves, Trade, Kyle Korver 

Kyle Korver is the latest shooter being stockpiled on an ever-changing Hawks’ roster. A trade for Korver, a guard known for his 3-point shooting, from the Bulls will likely be completed today, according to a person familiar with the situation. The deal was several days in the making. Korver was in Atlanta for a physical on Saturday. Atlanta Journal-Constitution

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

KC Johnson: Korver on Bulls' stint: "The bond we had was unique. You always feel you could’ve done more. But everybody on our team gave it all we had." Twitter

Chicago Bulls, Kyle Korver 

Mike McGraw: To recap the day, Kyle Korver was not traded to Atlanta, but probably just a matter of time. Full details are unclear. Twitter

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

Though details had to be finalized and Kyle Korver had to pass a physical, the Bulls agreed in principle to trade the 3-point specialist to the Hawks via the Timberwolves on Friday, two sources with knowledge of the talks said. There were late indications the three-team deal could fall apart, though that didn't stop Korver from scheduling a flight from his offseason training base in California to Atlanta for the physical, the sources said. Chicago Tribune

Atlanta Hawks, Chicago Bulls, Minnesota Timberwolves, Trade, Kyle Korver 

The Hawks are in “serious” negotiations with the Bulls about acquiring guard Kyle Korver but no deal is done, according to a person familiar with the situation. Atlanta Journal-Constitution

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

Pending a passed physical, the Chicago Bulls have traded Kyle Korver to the Atlanta Hawks in a move that will set the stage for Kirk Hinrich's signing, sources said. Chicago Tribune

Atlanta Hawks, Chicago Bulls, Free Agency, Trade, Kirk Hinrich, Kyle Korver 

KC Johnson: The Korver trade is via Minnesota into Atlanta's traded player exception, meaning Bulls get 2nd-round pick from Minny and save $500K. Twitter

Atlanta Hawks, Chicago Bulls, Minnesota Timberwolves, Trade, Kyle Korver 

KC Johnson: 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. Twitter

Atlanta Hawks, Chicago Bulls, Trade, Kyle Korver 

KC Johnson: Pending passed physical, Bulls have traded Kyle Korver to Atlanta. Could be sign-and-trade w/Hinrich. Details soon at chicagotribune.com. Twitter

Atlanta Hawks, Chicago Bulls, Free Agency, Trade, Kirk Hinrich, Kyle Korver 

The Bulls are expected to re-engage the Atlanta Hawks in trade talks. The Hawks had shown interest in Korver after receiving a traded player exception in the Joe Johnson deal to New Jersey. Chicago Tribune

Atlanta Hawks, Chicago Bulls, Brooklyn Nets, Trade, Joe Johnson, Kyle Korver 

The Timberwolves were in talks to trade for Batum, offering two first-round picks and acquiring Kyle Korver from the Bulls in exchange for a second-round pick, a league source said. But the teams were not able to agree to a trade. ESPN.com

Chicago Bulls, Minnesota Timberwolves, Portland Trail Blazers, Trade, Kyle Korver, Nicolas Batum 

Darren Wolfson: Two agents are suggesting the Korver talk involves Ridnour. I have not heard that from #Twolves side. Twitter

Chicago Bulls, Minnesota Timberwolves, Trade, Kyle Korver, Luke Ridnour 

Barring a last-minute sign-and-trade offer, the Bulls are willing to let Watson and Ronnie Brewer go, according to a highly placed NBA source. A different source said the Bulls were exploring sign-and-trade possibilities that could send Kyle Korver to the Minnesota Timberwolves or Atlanta Hawks, although his return to the Bulls hasn’t been ruled out. Chicago Sun-Times

Atlanta Hawks, Chicago Bulls, Minnesota Timberwolves, Trade, Kyle Korver 

Phoenix and Chicago remain in the mix for free-agent shooting guard Michael Redd. Suns will have continued interest if Hornets, as expected, match Eric Gordon offer sheet. Bulls let go of swingman Ronnie Brewer and now will make decision by Sunday on whether to keep shooter Kyle Korver. Redd could end up as a cheaper alternative. Sulia

Chicago Bulls, New Orleans Hornets, Phoenix Suns, Free Agency, Michael Redd, Kyle Korver, Ronnie Brewer, Eric Gordon 

Because of his shooting specialty, Korver has a slim chance to return and hasn't been told definitively either way. Sources said the Bulls are exploring sign-and-trade possibilities for all three players in an attempt to avoid losing assets for nothing. Chicago Tribune

Chicago Bulls, Trade, Kyle Korver