Kyle Korver officially signs new contract with the Atlanta Hawks

Kyle Korver is officially back in the fold after the Atlanta Hawks announced his signing Friday morning. Although contract specifics were not disclosed by the team it was previously reported that he had agreed to a four-year, $24 million contract.

Here is Danny Ferry's statement via a team press release:

"Kyle was a key contributor for us last season, and we're thrilled to retain him," Ferry said. "He is a tremendous competitor and an important presence for our team both on and off the court."

Korver spent last season with the Hawks after being acquired from the Chicago Bulls in what amounted to a salary dump. Korver averaged 10.9 points while making 46 percent of his three point attempts. He currently holds a 73 game regular season streak for consecutive games with at least one three pointer made. He appeared in 74 games for Atlanta including 60 starts.

Korver stuck with the Hawks despite drawing quite a bit of interest on the open market during free agency.

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