Bulls sign Giddey to four-year $100M extension

The Chicago Bulls have secured guard Josh Giddey with a four-year, $100 million contract extension, making him the highest-paid player on the team. Acquired from the Oklahoma City Thunder in a trade for Alex Caruso before the 2024-25 season, Giddey averaged 14.6 points, 8.1 rebounds, and 7.2 assists per game in his first year with the Bulls, with notable improvements after the All-Star break. His performance included seven triple-doubles, the second-most in a single Bulls season behind Michael Jordan, and he played through a muscle tear in his shooting hand during the final month. Giddey's deal is fully guaranteed with no player or team options, underscoring the Bulls' commitment to him as a cornerstone for their future. Despite some initial negotiation challenges over his market value, both parties agreed to the contract before free agency, with the Bulls rejecting sign-and-trade offers and focusing on retaining Giddey long term. The team aims to build around Giddey and other young talents, looking ahead to upcoming seasons with optimism.