Overview

• Chicago currently has a long-term offer in the $20 million per year range on the table, while Josh Giddey is targeting about $30 million annually, according to K.C. Johnson.
• Basketball Insiders reports Giddey rejected an earlier four-year, $80 million proposal at the start of free agency.
• With the Bulls holding matching rights and cap space scarce around the league, rival offer sheets have not materialized and teams have shown reluctance to pursue sign-and-trade talks, per Jake Fischer.
• Interest from the Warriors and other teams has cooled, leaving the Bulls as Giddey’s most likely destination, The Sporting News reports.
• Analysts project a potential compromise near four years and $96 million with a player option, while the qualifying offer remains a fallback if the stalemate persists.