Korkmaz signed an overseas contract with AS Monaco in France on Sunday, Evan Sidery of Forbes.com reports.
The Pacers will waive Korkmaz on Thursday, Adrian Wojnarowski of ESPN reports.
The 76ers are trading Korkmaz, Marcus Morris (foot) and three second-round picks to the Pacers in exchange for Buddy Hield on Thursday, Adrian Wojnarowski of ESPN reports.
Korkmaz chipped in 19 points (6-8 FG, 5-6 3Pt, 2-3 FT), two rebounds and three assists in 22 minutes during Tuesday's 119-107 loss to Golden State.
Korkmaz (illness) isn't listed on the injury report for Wednesday's game against Atlanta.
Korkmaz (illness) was able to practice Monday, Noah Levick of NBC Sports Philadelphia reports.
Korkmaz (illness) won't play in Saturday's game versus the Jazz.
Korkmaz (illness) won't play in Friday's game versus the Knicks, Adam Aaronson of PhillyVoice.com reports.
Korkmaz (illness) is listed as questionable for Friday's game versus the Knicks.
Korkmaz (illness) didn't participate in Thursday's practice session, Ky Carlin of USA Today reports.