Josh Giddey Holds $30M Demand as Bulls Contract Talks Stall

Josh Giddey and the Chicago Bulls remain locked in contract negotiations, with Giddey steadfast in his demand for a $30 million per year deal, similar to contracts signed by Jalen Suggs and Jalen Johnson. Giddey, who had a strong season averaging 14.6 points, 8.1 rebounds, and 7.2 assists, is a key piece in the Bulls' rebuilding efforts and is seeking a five-year, $150 million extension. Despite good dialogue, the Bulls and Giddey are at an impasse, with the team holding leverage due to limited competing offers from other teams. The Bulls extended a qualifying offer, retaining the right to match any external offers, but no serious bids have materialized, leading to a standoff between the two sides. Giddey is reportedly using a strategic approach, hoping the Bulls will eventually meet his contract demands, while the Bulls, led by experienced negotiator Jerry Reinsdorf, aim for a more team-friendly deal. Giddey’s strong finish last season, including joining Bulls legends in franchise history stats and regaining his confidence post-All-Star break, underscores the importance of this negotiation for both parties moving forward.