8:20am: An agreement between Korver and the Nets is "all but done," as Josh Newman of SNY.tv hears. Korver would sign via the taxpayer mid-level for three years and about $10MM. Nets Deron Williams, Paul Pierce, Mirza Teletovic and Tyshawn Taylor are all represented by Jeff Schwartz of Excel Sports Management, who's also Korver's agent. A deal with Korver would throw the team's pursuit of Bojan Bogdanovic into doubt, Newman writes, since that would leave only the minimum salary on the table for him.
12:58am: Kyle Korver is one of the top sharpshooters on the open market, and figures to draw interest from a number of teams in need of three-point help. But it sounds as if the 32-year-old isn't necessarily targeting the most lucrative offer available. A rival general manager tells ESPN.com's Marc Stein (Twitter link) that he's hearing Korver to the Nets is "in the bag."
Since their team salary is well into the tax, the Nets will only have the $3.18MM taxpayer mid-level exception to offer outside free agents. Korver could likely earn more than that with other teams, but would be a solid fit on a veteran Brooklyn squad in need of an outside shooter. Korver reportedly became a target for the Nets after they shook hands with Boston on the blockbuster deal to bring Kevin Garnett, Paul Pierce, and Jason Terry to Brooklyn.
Deron Williams appears to be getting in on the recruiting effort, replying earlier tonight to a tweet from Korver's brother, Kaleb, seemingly encouraging Korver to sign with the Nets or implying that an agreement is already in place.