Kyle Korver and the Cavaliers have come to an agreement on a three-year deal to keep the veteran sharpshooter in Cleveland.

With the signing of Korver, the Cavs luxury tax bill will more than double for the upcoming season.

Korver appeared in 35 games for the Cavs after being acquired via trade from the Atlanta Hawks. He averaged 10.7 points for the Wine and Gold while shooting 48.5 percent from behind the arc. Over the course of the entire season Korver led all qualified players with a 45.1 three-point percentage.

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