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Bulls and Giddey Locked in $8–10 Million Salary Standoff

Giddey’s ability to take the $11.1 million qualifying offer next season sets the stage for a potential unrestricted free-agency showdown in 2026

Overview

  • Chicago has capped its long-term proposal near $20 million per year while Giddey seeks roughly $30 million, leaving an $8–10 million annual gap
  • Giddey can play the 2025–26 season on an $11.1 million qualifying offer and become an unrestricted free agent in 2026, preserving Chicago’s matching rights
  • Leaguewide salary-cap constraints have deterred rival clubs from submitting offer sheets, bolstering the Bulls’ negotiating leverage
  • Front-office executives envision deal frameworks from three-year, $54–75 million pacts to four- or five-year agreements worth between $100 million and $125 million
  • Giddey’s breakout rookie campaign with Chicago—14.6 points, 8.1 rebounds and 7.2 assists per game—fuels both his wage demands and the Bulls’ valuation