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Rumor: Bulls Offered Josh Giddey $80 Million Contract

Originally posted on Hoops Wire | By Ashish Mathur | Last updated Aug 10, 2025 2:49 PM ET

The Chicago Bulls offered Josh Giddey a four-year, $80 million contract, according to NBA insider Jake Fischer of The Stein Line.

Giddey, a restricted free agent, is seeking an annual salary in the $30 million range.

“League sources say that the Bulls made an offer of $80 million over four years to restricted free agent Josh Giddey when the offseason commenced on June 30,” Fischer wrote. “Giddey, of course, is seeking an annual salary in the $30 million range. Chicago has been anchored in the $20 million range in annual value ever since its original offer.”

Giddey averaged 14.6 points, 8.1 rebounds, 7.2 assists, 1.2 steals and 0.6 blocks last season for the Bulls. He shot 46.5% from the field, 37.8% from beyond the arc and 78.1% from the free-throw line and recorded 30 double-doubles and seven triple-doubles.

“Sources say Giddey has managed to attract some external interest from rival teams since free agency began, with multiple Eastern Conference teams contacting Giddey’s representation to register sign-and-trade interest,” Fischer wrote. “Yet it’s likewise true that more than one rival front office has indicated a reluctance to try to engage the Bulls in sign-and-trade discussions, sources say, with Chicago having messaged for some time that it is not eager to discuss such scenarios.”

Giddey turns 23 in October. He has career averages of 14.1 points, 7.5 rebounds, 6.1 assists, 0.9 steals and 0.5 blocks with the Oklahoma City Thunder and Bulls.

Giddey has drawn interest from the Golden State Warriors, who have their own restricted free agent, Jonathan Kuminga.

“But Golden State’s interest in Giddey is genuine,” Fischer wrote. “The Warriors were prepared to select Giddey with the seventh overall pick in the 2021 draft, sources say, only for Oklahoma City to chose Giddey and steer the Warriors toward selecting Kuminga at No. 7 overall. It’s believed that both the Thunder and the Warriors had Giddey and Kuminga projected as the players to go sixth and seventh in some order entering that draft.

“I’m told that the Warriors continue to value Giddey’s skillset and have communicated their interest to the Australian point guard’s representation. There simply does not appear to be a feasible pathway to such a trade … not right now.”