Josh Giddey and Chicago Bulls Progressing on New Contract Agreement

Restricted free agent Josh Giddey and the Chicago Bulls are in positive negotiations and are expected to 'eventually' reach an agreement on a new contract. Giddey recently met with Bulls coach Billy Donovan and brass in Las Vegas, with his agent scheduled for further meetings this week. While Giddey is reportedly seeking around $30 million annually, the Bulls are unlikely to offer that figure, though he is still expected to play for Chicago in the 2025-26 season due to limited cap space across the league. Last season, Giddey averaged 14.6 points, 8.1 rebounds, and 7.2 assists, shooting a career-best 37.8% from three-point range, and is considered a foundational piece for the Bulls alongside Coby White.