Reports: Hawks agree to re-sign Kyle Korver to four-year deal
Korver, 32, averaged 10.9 points, 4.0 rebounds and 2.0 assists per game for Atlanta last season after being traded from the Bulls in a salary dump. He started 60 games and played 2,259 minutes, the most he has logged in a season since 2007. He made good use of that time, finishing second in the NBA in three-point shooting at 45.7 percent. His 13.9 Player Efficiency Rating ranked slightly below league average, but his plus-2.7 plus/minus was the best among Atlanta's regular rotation players, even if his defensive abilities leave much to be desired.
With new coach Mike Budenholzer coming to Atlanta from three-point-happy San Antonio, it's hardly a surprise that retaining Korver, by far the roster's most effective and proven outside shooter, was a top priority. Korver received interest from the Nets and Bucks, according to ESPN.com, but the Hawks' offer was reportedly the richest in total dollars, and it is a marked improvement on the three-year, $15 million deal he signed with the Bulls in 2010.
For comparison's sake within this year's wing signings, this contract slots Korver above the likes of Chase Budinger ($16 million over three years), Tony Allen ($20 million over four years) and Martell Webster ($22 million over four years, although the last year isn't guaranteed), but below the likes of J.J. Redick ($27 million over four years) and Kevin Martin ($28 million over four years).
The free-agent negotiating period opened on Monday. Contracts can't officially be signed until July 10.
Grade: B. $6 million per year initially looks like a lot for a 32-year-old, one-dimensional wing. Two factors to consider when weighing the sticker price: Korver has missed just nine games total over the last three seasons and he's never relied on athleticism or raw physical tools to make his mark. He is, essentially, a shooter for hire, and a damn good one. Korver should age well and fit in nicely with Budenholzer's plan, which we can assume will borrow heavily from his time under Gregg Popovich. Atlanta has clean books and can easily afford this offer; its roster will be in a totally different place if and when age does catch up to Korver.