Bulls’ Josh Giddey reflects on new $100 million deal after offseason standstill

Joe Mayo

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Bulls’ Josh Giddey reflects on new $100 million deal after offseason standstill image

After an apparent stalemate and long-lasting negotiations this summer, Josh Giddey and the Chicago Bulls agreed to a four-year, $100 million deal to keep the 22-year-old in town through the 2028-29 campaign. 

Giddey was acquired by the Bulls after his role began to decline with the Oklahoma City Thunder in the 2023-24 campaign, though he turned things around in Chicago. The 6-foot-8 point guard averaged 14.6 points, along with career highs in rebounds (8.1), assists (7.2) and steals (1.2) across 30.2 minutes per game in 70 regular-season outings. 

Giddey dominated after the All-Star break, when he averaged 21.2 points, 10.7 rebounds, 9.3 assists and 1.5 steals per game in his last 19 regular-season appearances. He also shot 50.0 percent from the field and 45.7 percent from beyond the arc during that stretch.

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Josh Giddey gets real about contract talks

Following his breakout season with Chicago, Giddey reportedly sought $30 million per year in negotiations. The two sides ultimately met in the middle, and Giddey finally addressed his decision to re-sign during Monday’s media day. 

“This is where I wanted to be,” he said. “They embraced me from day one when I first got here — teammates, front office, the fans. It felt like home really quickly.” 

Now Chicago’s highest-paid player, the No. 6 overall pick in the 2021 NBA Draft is expected to play a key role in the Bulls’ rebuild. He’ll facilitate the offense as the Bulls attempt to end a three-year streak of Play-In Tournament exits. 

With a strong 2024-25 season and contract negotiations behind him, the future appears bright for Giddey and Chicago’s young core, including Matas Buzelis and Noa Essengue. 

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Joe Mayo

Joe Mayo is a freelance writer with The Sporting News. Born and raised in Wisconsin, he graduated from the University of Wisconsin-Madison in 2024. He’s also a contributor at RotoWire. While Joe primarily writes about the NBA, he also covers the WNBA and MLB.