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Hawks Re-Sign Kyle Korver

JULY 12TH: Korver's deal with the Hawks is now official, the team has announced in a press release.

JULY 3RD: The Hawks have reached an agreement with Kyle Korver on a four-year contract extension worth about $24MM, reports Marc Stein of ESPN (via Twitter). 

Korver, who spent last year in Atlanta, averaged 10.9 points per game in 30.5 minutes for the Hawks in 2012/13.  It was the first time he averaged double figures in points or more than 30 minutes per night since leaving Philadelphia in 2008.  Korver, 32, shot 45.7 percent from downtown last season, and was a coveted free agent. 

Interest in the former Creighton star had heated up in recent days.  At one point, the sharp shooter seemed destined for Brooklyn, with the Spurs and Bucks also in the mix.  Korver is represented by Excel Sports Management, as shown in the Hoops Rumors Agency Database.

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