The Chicago Bulls are approaching a crucial decision regarding point guar’s future. The 6-foot-8 guard, only 22 years old, is set to become a restricted free agent this offseason. Dan Favale of Bleacher Report notes that the Bulls need to determine the maximum amount they’re willing to offer before stepping away from contract talks. He brings offensive versatility, known for his ability to notch triple-doubles thanks to his size, scoring instincts, and passing skills.
In the 2024-25 season, he posted averages of 14.6 points, 8.1 rebounds, and 7.2 assists per game with shooting splits of .465/.378/.781 over 70 games. His performance significantly improved after the February 8 trade deadline—once the Bulls traded Zach LaVine to Sacramento—averaging 20.0 points, 9.9 rebounds, 8.5 assists, 1.4 steals, and 1.0 blocks per game, shooting .492/.453/.803 in that stretch. However, defense remains a weak point for him, as he lacks the strength and lateral speed to be effective on that end of the floor.
Favale emphasizes that Chicago needs to be clear about Giddey’s value in restricted free agency. With limited cap space across the league, the Bulls could use that leverage in negotiations, but they’re unlikely to retain him on a bargain deal like Coby White’s—three years for $36 million, signed before the 2023-24 season. White, now Giddey’s backcourt partner, has significantly outperformed that contract and will be eligible for a potentially much larger extension in 2026 free agency. Given his value, White may prefer to wait and enter the open market instead of accepting a smaller extension now.
Reports from Marc Stein and Jake Fischer suggest Giddey may be aiming for a deal worth up to $30 million annually. Favale warns that the Bulls must establish a firm contract ceiling for Giddey to avoid adding another unfavorable deal to the books, like last summer’s $90 million contract with Patrick Williams—who underperformed throughout the 2024-25 season.