Breaking now: Chicago Bulls Guard Reacts After Not Getting $30 Million Per Year Contract Extension
The most evident indication of the Chicago Bulls’ intention to rebuild was their decision to trade Alex Caruso, one of the league’s top defensive players, in order to acquire Josh Giddey, an untested guard from the Oklahoma City Thunder.
Drafted sixth overall in the 2021 NBA Draft, Giddey has been a regular starter for the Thunder, yet he hasn’t solidified his status as a leading player. After showing promise in the 2022-23 season, he experienced a decline last year, averaging just 12.5 minutes per game in the playoffs against the Dallas Mavericks. His performance in the Bulls’ preseason also raised concerns; although his passing was impressive, his shot selection left much to be desired. It’s clear he must make adjustments if he wants to secure a starting position in the NBA long-term.
There have been rumors that Giddey is seeking a contract worth at least $30 million per year, which might explain why the Bulls have hesitated to offer him one, opting instead to bide their time. This cautious strategy makes sense, as Giddey has potential but needs to prove himself further before a significant commitment is warranted. On a positive note, Giddey seems unconcerned about his contract situation. According to K.C. Johnson on X, he expressed that he “loves being here” and is confident that a contract “will take care of itself,” noting that the prospect of an extension weighed more heavily on him last season than the absence of one does this season.
Josh Giddey said he “loves being here” and he’s confident a contract “will take care of itself.” Said the potential extension weighed on him more last season than the lack of one will this season.
— K.C. Johnson (@KCJHoop) October 22, 2024
As a result, Giddey became the highest-drafted player from his class not to receive a rookie-scale extension, while the five players selected before him all secured one.
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