The deadline for Bulls options on Ronnie Brewer’s $4.37 million and C.J. Watson’s $3.2 million salaries has arrived. A decision on Kyle Korver’s $5 million option is due by Sunday.

In the wake of Kirk Hinrich’s signing, Watson’s camp already has been told his option won’t be picked up. Brewer long has been considered the most expendable of the three because Jimmy Butler, last year’s first-round pick, will assume his role.

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.

– Reported by K.C. Johnson of theĀ Chicago Tribune