Overview

• The restricted free agent guard and the Bulls have mutual interest but remain far apart on long-term terms as of early July.
• Giddey’s camp is anchored to a five-year, $150.5 million benchmark, seeking roughly $30 million per season.
• Chicago negotiators are leveraging lessons from the Patrick Williams extension to limit overcommitment and protect cap space.
• Opting for the one-year qualifying offer would give Giddey full trade veto power but strip him of bird rights and turn him into an unrestricted free agent next offseason.
• Minimal external interest in Giddey around the league appears to weaken his bargaining position in the current talks.