The Cleveland Cavaliers have traded guard Kyle Korver to the Utah Jazz for guard Alec Burks and two future second-round picks, the league sources told ESPN.
The Jazz (9-12) have been determined to thrust themselves out of an early-season malaise and pursued a Korver to deepen their ability to spread the floor with their shooting. Korver, 37, has been one of the most traded players on the trade market.
Utah is sending 2020 and 2021 second-round picks to Cleveland, the league sources said. The 2021 pick is through the Washington Wizards.
The Cavaliers have been shopping for Korver and guard JR Smith, who recently left the team. There was significant interest in Korver among several contenders. Korver had 22 points on 6-of-9 3-point shooting in a recent loss to the Minnesota Timberwolves. He was eager to be moved to a contender.
This is Korver's second stop in Utah, where he played from 2007 to '10. Korver has played 16 NBA seasons, shooting 43 percent is 3-pointers for his career.
The Cavaliers are in asset acquisition mode, starting the season 4-15. Burk, 27, had averaged 8.4 points in 15 minutes a game for Utah this season.
Burks' expiring contract – $ 11.53 million – could have had a value before the February trade deadline. The guard also has $ 1 million of unlikely bonuses in his contract.
Korver's contract has a $ 7.56 million cap hit this season, and $ 7.5 million for 2019-20. His salary for the next season includes $ 3.44 million guaranteed, with the full amount being protected if he's not waived by July 7th.
Information from ESPN's Bobby Marks was used in this report.