The Atlanta Hawks are hanging onto one of this summer's most coveted free agents.

Sources close to the situation told ESPN.com on Wednesday night that Kyle Korver has agreed to terms on a four-year deal with the Hawks worth an estimated $24 million.

Korver was wooed by several teams in search of a sharpshooter, most notably Milwaukee, San Antonio and Brooklyn.

The Nets, though, were limited to offering a three-year deal worth just under $10 million to Korver, who also received a three-year offer from the Bucks worth an estimated $21 million that, sources said, he turned down.