Giddey has the option to bet on himself by accepting his $11.1 million qualifying offer, playing out the 2025-26 campaign before hitting unrestricted free agency next summer. However, that route would leave Chicago at risk of losing the 6-foot-8 guard for nothing after acquiring him in exchange for Alex Caruso in June 2024.

In a new report from Joe Cowley of the Chicago Sun-Times, he shared that the Bulls and Giddey are $10 million apart on a new deal. Giddey is searching for a contract in the $30 million per year range, while Chicago is motivated to keep that deal closer to $20 million per season.

The Athletic recently polled 16 people who work in NBA front offices (including no one from Giddey’s incumbent Chicago Bulls), asking what they would deem a “fair” contract for each member of the restricted quartet: Giddey, Jonathan Kuminga, Quentin Grimes and Cam Thomas. They were granted anonymity in exchange for their candor.