Report: Chicago Bulls Trade Kyle Korver to Atlanta Hawks

Pending a physical, the Chicago Bulls will trade swingman Kyle Korver to the Atlanta Hawks. Terms of the deal are not yet known, but Chicago is reportedly going to recieve either a second-round draft pick (via the Minnesota Timberwolves) or guard Kirk Hinrich (via a sign-and-trade). From CBSSports.com: “The Bulls have already reportedly agreed to a deal with Hinrich and moved Korver to make room for him. The Hawks clearly aren’t content with a total rebuilding project and are looking to restructure the roster while remaining competitive. After signing Lou Williams, the Hawks have added a marksman in Korver who will space the floor and strengthen their bench. The Bulls had until Sunday to either guarantee Korver’s $5 million option for 2012-13 or waive him and pay Korver $500,000. Unloading him was probably necessary, but he’s played a big role for Chicago adding a shooter on the perimeter for Derrick Rose.”