Mar 24, 2025; Denver, Colorado, USA; Chicago Bulls guard Josh Giddey (3) reacts after a basket in the fourth quarter against the Denver Nuggets at Ball Arena. Mandatory Credit: Isaiah J. Downing-Imagn Images Isaiah J. Downing-Imagn Images

New Report on Potential Josh Giddey Trade

Originally posted on Chicago Bulls on SI
By Liam Willerup | Last updated Jul 9, 2025 3:26 PM ET

The topic of how the new CBA has affected free agency has been a popular conversation as of late, especially after Golden State Warriors star Draymond Green publicly criticized the structure of the aprons. Regardless of where people stand on that topic, the matter of fact is that four major restricted free agents are unsigned, with their asking prices all reported to be north of $25 million.

One of those players is Josh Giddey of the Chicago Bulls, as reports indicate he's seeking a deal similar to Orlando Magic guard Jalen Suggs. However, the two sides have yet to agree to a deal, and a new report from K.C. Johnson indicates where things could go.

"We’ve all documented that the Brooklyn Nets were the only team with significant salary cap space to sign Josh Giddey to a massive offer sheet. That space dried up with their trade acquisition of Michael Porter Jr. from the Denver Nuggets. So Josh Giddey has nowhere to go—unless there’s a sign-and-trade," Johnson reported.

"As of today, I’ve not heard of any sign-and-trade machinations involving Josh Giddey. That’s not to say one couldn’t materialize down the road, but I’ll emphasize—as I’ve said ad nauseam—both the Bulls and Giddey want to get a deal done," he added.

With no teams having cap space it’s got to be brutal for the RFA’ left.

- Jonathan Kuminga
- Quentin Grimes
- Josh Giddey
- Cam Thomas

No team can really give them the contracts they want therefore their current teams have the leverage.
— Matt (@sixringsofsteeI) July 9, 2025

As mentioned, the Bulls are in a position of power with Giddey since no other teams can offer him what he wants, salary-wise. Therefore, the only options that could really play out are a sign-and-trade, Giddey resigns with the Bulls for a long-term deal, or he signs the qualifying offer to enter unrestricted free agency next summer.

This article first appeared on Chicago Bulls on SI and was syndicated with permission.

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