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Reports: Chicago Bulls "likely" to trade Kyle Korver, possibly to Timberwolves

The Chicago Bulls are looking to trade sharp-shooting guard Kyle Korver, possibly to the Atlanta Hawks or Minnesota Timberwolves, according to multiple reports.

The Chicago Tribune's K.C. Johnson reports that the Bulls would save money by trading Korver.

[tweet https://twitter.com/KCJHoop/status/223087720241692675]

The Chicago Sun-Times' Neil Hayes also reported that the Bulls were looking to potentially deal Korver, with Atlanta or Minnesota as the most likely trade destinations.

The Atlanta Journal Constitution's Michael Cunningham reported on Twitter that it appeared likely Korver would end up in Minnesota.

[tweet https://twitter.com/ajchawks/status/223086785440382976]

The Bulls have until Sunday to exercise Korver's $5 million option for next season. The team has already agreed to terms with Kirk Hinrich, who could fill Korver's role as a shooter off the bench.

The Bulls also may be looking to match the Houston Rockets' offer sheet to center Omer Asik. The salary cap ramifications of the backloaded three-year, $25 million offer to Asik could play into Chicago's decisions about other role players.

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