Suns waive Korver, paving way for his free agency

The Phoenix Suns have waived forward Kyle Korver, the team announced Monday, clearing the way for the veteran sharpshooter to become a free agent.

Korver -- whose expiring contract could be waived for the cost of $3.4 million -- will consider signing with the Los Angeles Lakers, Milwaukee Bucks and Philadelphia 76ers once he clears waivers, league sources told ESPN's Adrian Wojnarowski.