The Chicago Bulls have already released both C.J. Watson and Ronnie Brewer, and now, according to Neil Hayes of the Chicago Sun-Times, the Bulls are engaged in trade talks that could send Kyle Korver packing. Per Hayes, the Bulls have not yet ruled out picking up Korver's $5 million option, but are exploring sign-and-trade possibilities. Two teams reportedly interested in the Bulls sharpshooter are the Minnesota Timberwolves and Atlanta Hawks.

The Bulls, though, do have a bit of a time before they need to make a decision on Korver's future. The team has until Sunday to pick up Korver's option, and will presumably be working the phones between now and then. The Bulls front office has been forced to decimate its vaunted depth in order to keep the franchise under the NBA's luxury tax line.

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