Overview

• Chicago’s initial four-year, $80 million proposal remains on the table after Giddey declined and maintained his target of roughly $30 million per season.
• Restricted-free-agent rules prevent Giddey from signing outright elsewhere, making any move dependent on a sign-and-trade that must navigate matching salaries and base-year compensation restrictions.
• The NBA’s two-apron tax framework and tight salary caps have left few teams with the flexibility to submit competitive bids or structure trades involving Giddey.
• Golden State and other franchises have expressed interest in Giddey’s versatile playmaking, but practical hurdles around salary matching and hard-cap limits have stalled acquisition talks.
• Giddey can still accept the Bulls’ qualifying offer—estimated between $11 million and $17 million—play the 2025-26 season, and re-enter the market as an unrestricted free agent next summer.