Chicago Bulls’ Josh Giddey Seeking Contract for Approximately $30 Million Annually
Chicago Bulls point-forward Josh Giddey is a restricted NBA free agent.
As a restricted NBA free agent, Giddey can either re-sign with the Bulls or sign an offer sheet with a rival team.
If Giddey signs an offer sheet with a rival team, the Bulls can either match the offer or let the former Oklahoma City Thunder playmaker leave.
Giddey is looking to make $30 million annually on his next contract, according to NBA insider Jamal Collier of ESPN. The 22-year-old and the Bulls have had some positive discussions lately.
“The stalemate between Josh Giddey and the Chicago Bulls continues into another week as the market for restricted free agents remains cold,” Collier wrote. “Giddey was present in Las Vegas and had lunch with Bulls coach Billy Donovan, sources told ESPN, and Bulls executives were scheduled to meet with Giddey’s agent during the week.
“Multiple sources told ESPN they expect Giddey and the Bulls to eventually come to a contract agreement, and the two sides have had some positive discussions. Yet, Giddey has been seeking a contract for approximately $30 million annually. With little cap space available this summer, Giddey’s options for alternatives outside of Chicago dried up quickly, giving the Bulls leverage to hold off for a more team-friendly deal.”
Giddey averaged 14.6 points, 8.1 rebounds, 7.2 assists, 1.2 steals and 0.6 blocks last season with Chicago in 70 games while shooting 46.5% from the floor, 37.8% from 3 and 78.1% from the free-throw line. He had 30 double-doubles and seven triple-doubles.
Giddey turns 23 in October. He has career averages of 14.1 points, 7.5 rebounds, 6.1 assists, 0.9 steals and 0.5 blocks with the Thunder and Bulls.
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