Korver made $5 million last season.
Korver, 32, averaged 10.9 points, four rebounds and two assists last season for the Hawks. He also shot 46 percent from the three-point line, which was second in the NBA during the 2012-13 season. Korver has averaged 9.6 points a game in his nine-year career.
GOLLIVER: NBA free agency 2013: Latest agreements, trades and rumors The Brooklyn Nets and Milwaukee Bucks reportedly offered Korver three-year deals. The Bucks' deal was worth an estimated $21 million.