Kyle Korver passed his physical in Atlanta on Monday, making official the trade that sent him from the Bulls to he Hawks for a trade exception and cash considerations.

What was initially believed to be three-team deal once included the Minnesota Timberwolves became a two-team swap that not only saves the Bulls the $5 million team option they had on Korver for next season but the additional $500,000 it would've cost to waive the nine-year veteran.

Korver averaged 8.2 points while shooting .433 from the field and .425 from three-point range in his two years with the Bulls.