Bulls, Josh Giddey Near $10M Gap in Free Agency Talks

The Chicago Bulls and restricted free agent Josh Giddey remain at a significant impasse over contract negotiations, with Giddey's representatives seeking approximately $30 million annually while the Bulls aim closer to $20 million. Giddey, who averaged 14.6 points, 8.1 rebounds, and 7.2 assists last season, is viewed as a foundational player for the Bulls, especially given his strong fit and development during the 2024-25 season. Despite his promising performance, concerns about his long-range shooting and defense contribute to the Bulls' reluctance to commit to a long-term, high-value deal. Rival executives and analysts note the broader NBA trend of teams prioritizing salary cap flexibility over lengthy contracts, suggesting Giddey might settle for a shorter deal or even play out his qualifying offer to become an unrestricted free agent next summer. Both sides appear motivated to reach an agreement, but the $8 to $10 million annual salary gap signals continued negotiations ahead. The Bulls must balance retaining Giddey with financial prudence, avoiding overextending as they also face other key roster decisions.