Updated: July 18, 2012, 11:50 pm ET

Atlanta Hawks Acquire Kyle Korver

The Atlanta Hawks have officially acquired veteran small forward Kyle Korver from the Chicago Bulls for future cash considerations according to president of basketball operations and general manager Danny Ferry.

“I appreciate the toughness and the competitive energy Kyle brings to the game every night, and we’re very excited to add him to our team.” said Ferry.  “Adding him makes shooting an even greater strength for our club.”

The 31 year old Korver is a career 41 percent shooter from three-point range and adds to the collection of sharpshooters Ferry has accumulated since arriving in Atlanta last month. Korver figures to provide depth at small forward lost when Atlanta sent longtime starter Marvin Williams to the Utah Jazz in exchange for former All-Star point guard Devin Harris.

In addition to Korver and Harris, the Hawks drafted shooting guard John Jenkins in the first round of this year’s draft and agreed to terms with high scoring combo guard Lou Williams via free agency.

The presence of so many space clearing perimeter threats adds more legitimacy that the Hawks are gearing up to make a trade push for All-Star center Dwight Howard  from Orlando.

Howard will be a free agent next summer and hasn’t given any indication he’d sign a long term deal to remain in Atlanta, but is good friends with Hawks power forward Josh Smith.

Korver has connected on 1,134 career three-pointers and ranks eighth amongst active players in three-point percentage.

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