JUST IN: There is uncertainty about Josh Giddey’s future in Chicago due to the Bulls’ perplexing draft speculation.
Josh Giddey’s tenure with the Chicago Bulls has been marked by both promise and uncertainty, as the team navigates a complex rebuilding phase amid swirling draft speculations and contract negotiations.
Acquired from the Oklahoma City Thunder in June 2024 in exchange for defensive stalwart Alex Caruso, Giddey was envisioned as a cornerstone for the Bulls’ future. The 22-year-old Australian guard showcased his potential by recording seven triple-doubles in the 2024–25 season, joining legends Michael Jordan and Scottie Pippen as the only Bulls players to achieve at least 1,000 points, 500 rebounds, and 500 assists in a single season.
Despite these impressive performances, contract negotiations between Giddey and the Bulls have stalled. Reports indicate that Giddey is seeking a deal worth at least $30 million annually, comparable to Immanuel Quickley’s five-year, $175 million extension with the Toronto Raptors. However, the Bulls have been hesitant to commit to such terms without further evaluating Giddey’s fit within their long-term plans.
This hesitation is compounded by the Bulls’ recent draft strategies, which have raised questions about the team’s direction. The 2025 NBA Draft is set for June 25, and while the Bulls are not positioned to select top prospect Cooper Flagg, their draft decisions will significantly impact the team’s future composition.
Analysts have expressed concerns about Giddey’s role in the Bulls’ evolving roster. ESPN’s Zach Lowe noted that while Giddey is poised to put up significant numbers, his effectiveness as a primary ballhandler may be limited if the team acquires or develops other dominant players.
Internally, the Bulls have acknowledged past missteps in player evaluations, particularly regarding Patrick Williams’ contract. This history may influence their cautious approach to Giddey’s extension, as they aim to avoid similar situations.
As the Bulls approach the draft and free agency, the uncertainty surrounding Josh Giddey’s future remains a focal point. His performance and the team’s strategic decisions in the coming months will be critical in determining whether he becomes a long-term fixture in Chicago or explores opportunities elsewhere.