Bulls are sending Kyle Korver to Hawks

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.

The deal would take the Bulls off the hook for the $500,000 guarantee of Korver’s $5 million non-guaranteed salary for 2012-13 and slide him into the Hawks’ traded-player exception, acquired in the Joe Johnson deal with the Nets.

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