Particle.news
Download on the App Store
4 ARTICLES
·
last wk.

Bulls Raise Josh Giddey Offer to Roughly $85–$90 Million Over Four Years

The impasse now turns on whether Giddey accepts the lower-than-target deal or takes the one-year qualifying offer before the Oct. 1 deadline.

A view of the Chicago Bulls logo during the first half against the Cleveland Cavaliers at Rocket Arena on April 08, 2025 in Cleveland, Ohio.
Image

Overview

  • Chicago has increased its proposal from an earlier four-year, $80 million figure to offers reported in the $85–$90 million range, including an $88 million number cited by ESPN.
  • A sizable gap remains from Giddey’s reported goal near $30 million annually, and the Bulls’ latest offer is characterized in reporting as likely their final one of the offseason.
  • As a restricted free agent, Giddey faces limited market leverage with no teams holding cap space, and Chicago did not pursue sign-and-trade talks according to multiple reports.
  • Giddey can instead sign his approximately $11.1 million qualifying offer by Oct. 1 to become an unrestricted free agent next summer, with training camps opening later this month.
  • The 22-year-old averaged 14.6 points, 8.1 rebounds and 7.2 assists on 46.5% shooting and 37.8% from three in 70 games last season, underpinning Chicago’s interest in a long-term deal.