Overview

• The Bulls have a standing long-term offer near $20 million per year, reported as four years and $80 million, while Giddey’s camp continues to seek roughly $30 million annually.
• Basketball Insiders reports Giddey rejected an initial four-year, $80 million proposal and that Chicago has reiterated a similar annual value in recent talks.
• Chicago has signaled no interest in a sign-and-trade and holds matching rights, a dynamic that has limited external bidding in a tight cap environment.
• Previous inquiries from teams, including the Warriors and multiple Eastern Conference clubs, have cooled without producing a meaningful offer.
• Analysts project a compromise could land around four years and $96 million with a player option, though no agreement is in place and the qualifying-offer route remains available to Giddey.