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Bulls and Josh Giddey at Impasse Over $10M Salary Gap

No rival bids have emerged, leaving Chicago free to stand firm on its near-$20 million proposal as it gauges Giddey’s willingness to accept less.

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Overview

  • Giddey’s representation maintains a firm stance on a $30 million per year extension after his near-triple-double rookie season.
  • Chicago’s front office has capped its offer at about $20 million annually, creating a persistent $10 million disparity.
  • As a restricted free agent, Giddey has limited leverage without an outside offer sheet, since the Bulls hold matching rights.
  • League-wide salary cap constraints have deterred other teams from extending offer sheets, reinforcing Chicago’s negotiating strength.
  • With talks stalled, Giddey must choose whether to lower his demand, opt into his player option for next summer’s unrestricted market or prolong the impasse.