Story by
Bulls rumors: Josh Giddey’s ‘expected’ contract compromise after long standoff
- Story by
- Bulls rumors: Josh Giddey’s ‘expected’ contract compromise after long standoff
David Banks-Imagn Images
The post Bulls rumors: Josh Giddey's 'expected' contract compromise after long standoff appeared first on ClutchPoints .
Josh Giddey 's contract talks with the Chicago Bulls is one of the longest ongoing standoffs of this offseason. Giddey, along with fellow restricted free agents Quentin Grimes and Jonathan Kuminga, wanted bigger deals this offseason . However, Bulls general manager Marc Eversley has not met the point guard's demands. However, a compromise could be on the horizon.
Advertisement
While Giddey wanted a large deal, he and is agent could not find another team willing to give him a competitive offer. That, combined with the lack of cap space remaining around the league, stacked the odds against him. According to ClutchPoints NBA Insider Brett Siegel, Giddey and the Bulls appear to be on the verge of a new deal .
" Josh Giddey and the Chicago Bulls are expected to reach a resolution on a new contract, likely in the three-year range, by the end of August," Siegel said. "The Bulls could increase their offer, but they have stood firm on keeping a new deal in the $20 million AAV range. The latest speculation from agents not involved in negotiations suggests something in the $65 million to $70 million range."
Giddey's request is ambitious, as were the ones Kuminga and Grimes made. Their teams have the money to sign each player to long term deals. However, their unwillingness to do so has dragged out the process over months. In Giddey's case, though, the player can argue their importance to their team's future.
The Bulls traded for the Australian point guard last summer , giving the Oklahoma City Thunder Alex Caruso in exchange. Giddey did better during the second half of the regular season once he got comfortable as the team's lead ball handler. However, questions arose about whether or not the Bulls could trust his late season production.
Advertisement
One way or another, the standoff will end before the regular season begins. Neither side will walk away from the deal completely happy. However, it gives Giddey a couple of seasons to prove to Eversley that he is worthy of the large payday he wants.
Related: Bulls use Dennis Rodman to welcome back iconic pinstripe jerseys
Related: Dwyane Wade reveals how LeBron James shattered plan to join Bulls
