UPDATE Via the Chicago Tribune: The Bulls will receive “what is expected to be either a second-round pick and traded player exception or a player with a small contract from the Timberwolves.”
As of now, the Bulls did not receive a player back in the trade, if that remains the case, they will own a TPE (Traded Player Exception), worth Korver’s $5 million which they can use to sign a free agent – or save, as TPE’s are good for up to one year.
The Bulls have agreed to inform Kyle Korver on Sunday as to whether or not they will pick up his option for the 2012-2013 season. Until then the Bulls are reportedly exploring trades that would send the 3-point specialist to Atlanta or Minnesota.
Per the Chicago Sun-Times: “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.”
Kyle Korver averaged 8 points in 22 minutes a game and shot 43.5% from beyond-the-arc and would be a valuable asset to any team in need of a spot up shooter.
UPDATE: According to Atlanta Hawks beat writer, Michael Cunningham: “The Hawks had interest in Kyle Korver, but he’s likely headed to Minnesota in a trade”.
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Breakthrough Urban Ministries is a program that ”demonstrates the compassion of Christ by partnering with those affected by poverty to build connections, develop skills and open doors of opportunity”, according to their website. Kyle Korver, best known by Bulls fans not only for his 3-point stroke, but also his philanthropic work off the basketball court, has partnered with Breakthrough to lend a hand and be a voice for those in need in the Chicago community. He and his wife recently sat down to talk about the opportunity to work with Breakthrough, “Breakthrough to me sets a standard for what service should look like” said Korver – watch below:
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