Chicago Bulls, Josh Giddey Contract Talks Stall Amid Free Agency Risks

Chicago Bulls and restricted free agent Josh Giddey remain at a contract negotiation stalemate, with the Bulls unwilling to offer the $30 million annual salary reportedly sought by Giddey. While neither side expresses frustration currently, the impasse raises concerns as Giddey could opt to accept the $11 million qualifying offer for the upcoming season, which would make him an unrestricted free agent in 2026 and potentially allow other teams to sign him away. Giddey, acquired by the Bulls last season, averaged solid numbers and is considered a key building block for the team's future, making his contract situation a priority despite the Bulls not being a 'win now' team. The possibility of a sign-and-trade or the Bulls matching an offer sheet exists, but teams like the Brooklyn Nets, with cap space and a rebuilding roster, could present attractive alternatives for Giddey. Although Giddey had some off-court issues earlier in his career, his current standing has improved, and the Bulls retain significant control over his immediate future as a restricted free agent. However, if the contract deadlock continues, the Bulls risk losing a promising young talent who may play the long game to secure his desired contract or seek a new team.