While there have been plenty of trades being executed in the free agency this season, the restricted free agent market has been in a complete standstill. With multiple players seeking brand new deals with their present franchises after having great campaigns, the teams have refused to offer them what they have asked for. In fact, in some instances, such as the Jonathan Kuminga and Warriors saga, a deal doesn’t even seem remotely close. Such has also been the case with Josh Giddey.
The Chicago Bulls guard, who had a breakout campaign last year, averaged 14.6 points along with 8.1 rebounds and 7.2 assists, and was arguably the team’s best player, has been in a standoff with his franchise. Reportedly, this comes as a result of the 22-year-old seeking a contract paying him around $30 million per year, but the Bulls are only ready to offer him a deal closer to the $20 million mark. This $10 million difference has been the reason that has kept Giddey’s future in the air throughout the summer.
However, alas, there seems to be no breakthrough in this negotiation. According to NBA Insider, Keith Smith, the Bulls have finally increased their offer to around $22 million. While Giddey and his team still want $30 million, as per Smith, both parties should be able to strike a deal somewhere in the middle. “Bulls are offering Josh Giddey $22M AAV. Giddey wants $30M AAV. Split the difference and go to $25-$26M AAV, right? Feels like this one is close enough that a deal will get signed.” He reported.
However, the Insider is still not sure about Kuminga’s situation with the Golden State. “Not sure we’re that close with Quentin Grimes or Jonathan Kuminga. QO feeling more and more likely.” He suggested that, as the reporter feels time running out, accepting a qualifying offer might just become a reality.
Bulls are offering Josh Giddey $22M AAV. Giddey wants $30M AAV. Split the difference and go to $25-$26M AAV, right? Feels like this one is close enough that a deal will get signed.
Not sure we’re that close with Quentin Grimes or Jonathan Kuminga. QO feeling more and more likely.
— Keith Smith (@KeithSmithNBA) September 5, 2025
This is a developing story…
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