Overview

• Chicago has a multiyear offer around $20 million annually on the table after an initial four-year, $80 million proposal.
• Giddey’s camp is seeking roughly $30 million per season, leaving an $8–$10 million annual gap that has stalled negotiations.
• The Bulls have signaled they will not engage in sign-and-trade scenarios, and reported outside interest — including from the Warriors — has cooled.
• Reporting indicates Giddey’s primary leverage is accepting the one-year qualifying offer to reach unrestricted free agency next summer, with some insiders suggesting a resolution could come soon.
• Analysts have predicted a middle-ground outcome in the ~$24–$25 million range, such as four years and $96 million with a player option, though no agreement has been announced.