Latest news with #Giddey
Chicago Tribune
a day ago
- Sport
- Chicago Tribune
Are the Chicago Bulls still on track with Josh Giddey in re-signing negotiations?
A notable absence marked the sidelines of Chicago Bulls games throughout the NBA Summer League in Las Vegas this week. For the first three games of the player development tournament, the seats across from the Bulls bench filled up with familiar faces — coach Billy Donovan and executive vice president of basketball operations Artūras Karnišovas, players ranging from Coby White and Patrick Williams to Julian Phillips and Kevin Huerter. But one prominent player was missing: point guard Josh Giddey. Like most players in the NBA, Giddey was in town and in attendance for opening weekend festivities in Las Vegas. He signed trading cards during an event with Panini and mingled with fans on casino floors. But Giddey didn't appear publicly alongside any Bulls teammates, coaches or executives and did not make a single appearance at a summer league game. Giddey's pointed absence sparked a natural concern from Bulls fans — has something gone wrong in the guard's contract negotiations? The simple answer is no. There are no signs that negotiations between the Bulls and Giddey have ever become contentious. The guard spent time with teammates, including White and Matas Buzelis, during an informal players-only camp in Los Angeles earlier this summer and privately met up with members of the team in Las Vegas this week. But this weeks-long period of negotiation reflects the considerable gap between the Bulls and Giddey's management in the preferred price for the guard's new contract. Re-signing Giddey is the central focal point of the entire offseason for the Bulls. The guard became a restricted free agent at the end of his first season in Chicago following a player-for-player swap with Oklahoma City that sent Alex Caruso to the Thunder. Giddey struggled in his introductory months with the Bulls. He posed a clear liability on defense and tended to balance his eye-popping assists with blunders and low-efficiency shooting. But he found a new rhythm after the All-Star break, averaging 21.2 points and 9.3 assists while shooting 45.7% from 3-point range in his last 19 appearances. That late-season improvement was enough to convince Karnišovas and other front office executives that Giddey is a worthwhile investment. At 22, Giddey is still one of the youngest players on the roster alongside 20-year-old Buzelis and 18-year-old rookie Noa Essengue. This trio is the 'young core' around which the front office plans to build the roster, beginning with the upcoming season that has been billed as a 'transitional' period. Giddey is valued by the Bulls. But the price tag on his new deal is the main obstacle preventing a quick contract negotiation. Throughout the last year, Giddey's preferred price has been consistently reported at $30 million a year with an expected contract length of four to five seasons. The Bulls would prefer this number to be lower — ideally close to $20 million — to create flexibility under the cap. The Bulls previously learned a hard lesson from overpaying a young player out of restricted free agency after signing Patrick Williams to a five-year, $90 million contract that morphed into a proverbial albatross before the ink even dried. Giddey will not be as ineffective — or untradeable — as Williams, but he's also asking for a much higher price. He is also at a negotiating disadvantage. The free agency market is relatively cold for the guard, who has not received any offer sheets from other teams after being extended a qualifying offer from the Bulls to trigger his restricted free agency period. For restricted free agents, a lack of outstanding offers from other franchises means that the Bulls have the upper hand so long as they are willing to wait out the process. Striking a compromise over this $10 million difference will take time — but it's an agreement the parties are expected to make. The ultimate price tag on Giddey's contract will be an impactful decision for the Bulls, who are still struggling to carve out cap space while clearing the way for a roster focused on the future.
Yahoo
3 days ago
- Sport
- Yahoo
Josh Giddey's contract asking price revealed by Chicago Bulls reporter
The bulk of NBA free agency has largely already been decided, but Josh Giddey and the Chicago Bulls are still trying to reach a contract resolution ahead of a new season. Giddey is a restricted free agent, but anyone and everyone who had cap space has already spent their money, meaning the odds of him signing a large contract elsewhere are very slim. Of course, the Bulls have the option to match any contract offer Giddey receives, but the real issue here may have to do more with the 22-year-old Australian native's asking price. Advertisement According to the Chicago Sun-Times' Bulls insider Joe Cowley, Giddey and his agents are reportedly seeking a contract worth roughly $30 million in average annual value. That's a stark increase over the $8.3 million cap hit he had during the 2024-25 season with the Bulls. 'Because of the penalties in the first and second salary-cap thresholds now smacking teams in the face, players have been unable to involve teams in a bidding war. That's where the Giddey situation stood Saturday. The Sun-Times reported last week that Giddey's camp still was hoping for a contract akin to the $30 million per year guard Jalen Suggs got from the Magic, but the Bulls haven't gone there. The dialogue between the sides has remained good, but there is still no resolution.' Joe Cowley on Chicago Bulls/Josh Giddey Giddey arrived in Chicago via trade last offseason, and he enjoyed a strong debut season with the Bulls. Giddey shot a career-high 37.8% from 3-point distance, while also averaging a career-high 8.1 rebounds and 7.2 assists per game. Still just 22 years old, if Giddey can continue growing his game offensively, especially as a scorer, he may very well be worth up to $30 million per season, if not more. But the Bulls apparently don't think he's there quite yet. Related: Photo evidence leads to rumors of Klay Thompson dating Meg Thee Stallion Related Headlines
Newsweek
3 days ago
- Sport
- Newsweek
Bulls Receive Concerning Josh Giddey Free Agency Report
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Coming into the 2025 NBA offseason, the Chicago Bulls were widely expected to re-sign combo guard Josh Giddey. While that is still the expectation, no deal has been done yet. Giddey put together a strong season with the Bulls in the 2024-25 campaign. He looks to be a piece that Chicago could build around as part of its long-term core. While there don't appear to be many other potential destinations for the 22-year-old, the Bulls may not be in a great place with Giddey. Josh Giddey #3 of the Chicago Bulls celebrates a basket against the Milwaukee Bucks during the second half at the United Center on December 28, 2024 in Chicago, Illinois. Josh Giddey #3 of the Chicago Bulls celebrates a basket against the Milwaukee Bucks during the second half at the United Center on December 28, 2024 in Chicago, Illinois. Photo byDuring the offseason, there have not been many teams with space financially to make big moves. Some teams have created cap space, like the Milwaukee Bucks did by waiving and stretching Damian Lillard to sign Myles Turner, but those kinds of moves are dangerous to make. Read more: Warriors' Stephen Curry Drops Update About His NBA Future A new report has come out about Giddey and Chicago that give reason for concern. According to NBA insider Jake Fischer, Giddey has not been present with the team during Summer League action. He believes that could signal the two sides not being on the same page in contract discussions. "Josh Giddey is in Las Vegas, but has noticeably been absent from both Bulls games at Summer League," Fischer said. "Several veterans just sat courtside here. Certainly seems like an indication that negotiations between the point guard and Chicago are not trending in an amicable direction." If that is indeed the case, could another team try to swoop in late and sign Giddey to a contract? Perhaps he would be willing to take a one-year deal worth a decent chunk of change to set himself up for an even bigger pay day next offseason. Read more: Celtics' Damian Lillard Pursuit Gets Significant New Twist Throughout the course of the 2024-25 season with the Bulls, Giddey played in 70 games and made 69 starts. He averaged 14.6 points per game to go along with 8.1 rebounds, 7.2 assists, and 1.2 steals. Giddey also shot 46.5 percent from the floor and knocked down 37.8 percent from the three-point line. Bringing in a guard who can make that kind of an impact would be of interest to most teams around the NBA. There are quite a few teams who could use an upgrade in their starting lineup at either point guard or shooting guard. It's still the most likely scenario that Giddey will end up back in Chicago. However, the situation is not as obvious as it once appeared to be. For more on the Chicago Bulls and general NBA news, head on over to Newsweek Sports.
Yahoo
7 days ago
- Sport
- Yahoo
Golden State Warriors' urged to target do-it-all guard via sign-and-trade
The Golden State Warriors are taking things slow. They're the only franchise to not have made a move over the first two weeks of the offseason, despite clearly needing to upgrade the roster ahead of the 2025-26 campaign. According to Gilbert Arenas, who was speaking via a recent episode of his "Gils Arena" podcast, the Warriors should look into the possibility of acquiring Josh Giddey via a sign-and-trade. Giddey is currently a restricted free agent, but is yet to reach an agreement with the Chicago Bulls over a new contract. According to Joe Cowley, Giddey could be looking for a deal in the region of $30 million per season, which would put him on par with Jalen Suggs of the Orlando Magic. 'They're looking like they'd try to go after like a (Josh) Giddey type. That's their type of player. Giddey,' Arenas said. "They'd put Giddey at the one. They'd put him at the point and say, 'Yeah, just do you.' Now they have a guy who's going to rebound, pass the ball, shoot like he'll hit shots.' Giddey would undoubtedly solve a significant number of the Warriors' on-court issues. However, it's unlikely the franchise would pursue a sign-and-trade deal, as that would leave them hard-capped for the upcoming seasons, and could force the front office into making a wider range of moves. The Warriors may be taking a cautious approach to the offseason, but that doesn't mean they won't make moves ahead of next season. However, we shouldn't expect Giddey to be one of them, not given what it would take to get a deal over the line. Advertisement This post originally appeared on Warriors Wire! Follow us on Facebook and Twitter! This article originally appeared on Warriors Wire: Warriors' urged to target do-it-all guard via sign-and-trade
USA Today
7 days ago
- Business
- USA Today
Golden State Warriors' urged to target do-it-all guard via sign-and-trade
The Golden State Warriors are taking things slow. They're the only franchise to not have made a move over the first two weeks of the offseason, despite clearly needing to upgrade the roster ahead of the 2025-26 campaign. According to Gilbert Arenas, who was speaking via a recent episode of his "Gils Arena" podcast, the Warriors should look into the possibility of acquiring Josh Giddey via a sign-and-trade. Giddey is currently a restricted free agent, but is yet to reach an agreement with the Chicago Bulls over a new contract. According to Joe Cowley, Giddey could be looking for a deal in the region of $30 million per season, which would put him on par with Jalen Suggs of the Orlando Magic. 'They're looking like they'd try to go after like a (Josh) Giddey type. That's their type of player. Giddey,' Arenas said. "They'd put Giddey at the one. They'd put him at the point and say, 'Yeah, just do you.' Now they have a guy who's going to rebound, pass the ball, shoot like he'll hit shots.' Giddey would undoubtedly solve a significant number of the Warriors' on-court issues. However, it's unlikely the franchise would pursue a sign-and-trade deal, as that would leave them hard-capped for the upcoming seasons, and could force the front office into making a wider range of moves. The Warriors may be taking a cautious approach to the offseason, but that doesn't mean they won't make moves ahead of next season. However, we shouldn't expect Giddey to be one of them, not given what it would take to get a deal over the line. This post originally appeared on Warriors Wire! Follow us on Facebook and Twitter!
