[Siegel] The team has stood firm on a $20 million per year average…All indications point to Giddey and the Bulls finding common ground on a new agreement before the 2025-26 NBA season. [Collier] …both sides are almost certain to come to an agreement before the end of the summer.

Full Quote:

Collier: "Contract negotiations between Josh Giddey and the Chicago Bulls have dragged on for months, but both sides are almost certain to come to an agreement before the end of the summer. Giddey remains a part of the team's long-term plans after he was acquired from the Thunder in for Alex Caruso last summer. Giddey got off to a slow start, but the Bulls got a glimpse of his effectiveness as a lead initiator in the second half when he averaged 21 points, 10 rebounds and 9 assists after the All-Star break.

Giddey has been seeking a deal in the $30 million range annually, and the team hasn't agreed to that price. With cap space scarce across the league, especially for restricted free agents, the Bulls have benefited from holding out for a more team-friendly deal."

Siegel: "All indications point to Giddey and the Bulls finding common ground on a new agreement before the 2025-26 NBA season, league sources told ClutchPoints. Last week, speculation from agents not involved in these negotiations suggested a three-year deal in the $65 million to $70 million range, slightly more than the Bulls' $20 million AAV stance.

So far, the Bulls have not budged on their starting price for Giddey, especially since they aren't discussing any sign-and-trade scenarios and know there isn't a team that can sign him from under them.

If it's not a three-year deal for Giddey in the $70 million range, perhaps the two sides will ultimately come to a compromise on a four-year, $100 million contract, which has been widely speculated since that would be the ultimate compromise between the Bulls' $20 million stance and Giddey's $30 million per season request.

Either way, all roads right now still point to Giddey being the starting point guard in Chicago on opening night, and recent rumors won't change that.

Although interest from other teams may exist, the Warriors are not actively pursuing Giddey this offseason, team sources from both organizations confirmed. The Bulls have not held sign-and-trade talks with the Dubs regarding Giddey and Kuminga, a scenario that would be very difficult for both teams to solve financially.

Aside from salary rules and restraints coming into play with a double sign-and-trade, this hypothetical scenario would also hard cap the Warriors. This would be a problem considering Golden State has made it clear they want to maintain financial flexibility.

Both teams, more so the Warriors, would need to attach extra salary to a deal involving Giddey and Kuminga, which is why it's way too messy to even consider.

The two teams have held conversations with one another this offseason, but talks around the start of free agency were more so centered around Kuminga and potential interest Chicago held, sources said. At no point did the Bulls signal that Giddey was available, nor did the Dubs try to put together a package for him.

Although it was known that the Bulls held a level of interest in Kuminga, it became clear that the organization would not make a move for the Warriors forward with Giddey remaining a restricted free agent. The idea of Chicago revisiting interest in Kuminga and pursuing him before the 2025-26 season is considered a long shot at this point.

Never say never, though, as crazier things have happened in this league. Still, Giddey's situation remains the Bulls' only focus.

Giddey and his connection to the Warriors not only stems from the 2021 NBA Draft, when Golden State was positioned to take either him or Kuminga with the seventh pick, but from the young guard and his camp trying to create leverage in their situation with the Bulls.

With a gap remaining between Giddey and the Bulls in contract negotiations, a narrative surrounding the Warriors' interest or that of another team could help resolve things quicker.

When asking around over the weekend and trying to connect the dots between the Bulls and Warriors, front office personnel and rival agents all came to the same conclusion: this is a means of Giddey's side trying to increase the price one last time, rather than there being legitimate movement on something outside of Chicago.

The Bulls are not trading Giddey whatsoever, and they want him back."

Source: https://www.espn.com/nba/story/_/id/45927318/nba-free-agents-2025-jonathan-kuminga-russell-westbrook-josh-giddey , https://clutchpoints.com/editorials/siegels-scoop-josh-giddey-jonathan-kuminga-rfa-market-unchanged