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Bulls Lock In Josh Giddey on Four-Year, $100 Million Deal

The compromise ends a 71-day restricted-free-agency standoff shaped by limited outside offers.

CHICAGO, ILLINOIS – APRIL 16: Josh Giddey #3 of the Chicago Bulls brings the ball up the court against the Miami Heat of an NBA play-in tournament game at the United Center on April 16, 2025 in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Justin Casterline/Getty Images)
Apr 6, 2025; Charlotte, North Carolina, USA; Chicago Bulls guard Josh Giddey (3) brings the ball upcourt against the Charlotte Hornets during the second half at Spectrum Center. Mandatory Credit: Nell Redmond-Imagn Images/File Photo
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Overview

  • The contract is fully guaranteed with no player or team options, averages about $25 million annually, runs through 2028-29, and makes Giddey the Bulls’ highest-paid player.
  • Negotiations stretched through the summer as Giddey targeted roughly $30 million per year and Chicago started near $20 million before settling in the middle.
  • League reporting indicates Chicago did not pursue sign-and-trade discussions, reflecting the team’s preference to keep Giddey under long-term control.
  • Giddey, 22, delivered a career season in 2024-25 with 14.6 points, 8.1 rebounds and 7.2 assists plus seven triple-doubles, then nearly averaged a triple-double after the All-Star break.
  • Acquired from Oklahoma City for Alex Caruso in 2024, Giddey also had prior off-court allegations investigated by the NBA and Newport Beach police, which resulted in no charges.