Shock Move: Josh Giddey Inks Massive 8-Year Deal with Chicago Bulls

By Sports Central Staff | June 24, 2025

In a stunning twist that has sent shockwaves across the NBA landscape, Australian sensation Josh Giddey has signed a blockbuster 8-year, \$320 million deal with the Chicago Bulls, marking one of the most unexpected free agency moves in recent memory.

Giddey, 22, was widely expected to remain with the Oklahoma City Thunder, where he had become a fan favorite and a key part of the team’s young core alongside Shai Gilgeous-Alexander and Chet Holmgren. But after weeks of speculation and behind-the-scenes negotiations, the Bulls emerged from the shadows to secure the signature of the versatile 6-foot-8 guard.

“This is a new chapter, and I’m excited to help bring winning basketball back to Chicago,” Giddey said in a statement released Tuesday morning. “The Bulls are building something special, and I’m honored to be a part of it.”

According to sources close to the negotiations, the Bulls presented Giddey with a long-term vision that included a lead playmaking role, roster additions, and a renewed focus on championship contention. League insiders believe the deal was finalized late Monday night, with the final figure surpassing all expectations—\$320 million over eight years, fully guaranteed, with a player option after year six.

Giddey is coming off a career-best season with OKC, averaging 17.9 points, 8.3 rebounds, and 7.2 assists per game while shooting a career-high 38.5% from three-point range. His combination of size, vision, and basketball IQ has drawn comparisons to legends like Jason Kidd and Manu Ginóbili.

For the Bulls, this move signals a dramatic shift in direction after years of mediocrity and failed rebuilds. With Giddey now the franchise cornerstone, Chicago’s front office is reportedly exploring further moves to pair him with All-Star forward Patrick Williams and promising rookie guard Marcus Riley.

“Josh is a unique talent—someone who makes everyone around him better,” Bulls GM Marc Eversley said in a press conference. “This is about more than a single signing. It’s about reestablishing the Bulls as a premier destination and a title contender.”

Giddey’s arrival is already sparking comparisons to the last time Chicago made a major free agency splash—when they landed Carlos Boozer in 2010 as part of the “Rose Era.” But this time, the expectations are even higher.

Social media erupted with reactions from fans, analysts, and former players, with many calling the deal a “game-changer” for both Giddey and the Bulls.

As the NBA offseason heats up, one thing is clear: the Windy City just became the epicenter of basketball drama, and Josh Giddey is ready to lead the charge.