Image Credit: Nell Redmond-Imagn Images

Josh Giddey Contract Talks With Bulls Stall Over Salary Gap Ahead of 2025-26 NBA Season

Josh Giddey remains at center of Chicago Bulls talks

Image Credit: Nell Redmond-Imagn Images

The NBA offseason has stretched into another week, with several notable restricted free agents still without new contracts. Among them, Josh Giddey of the Chicago Bulls stands out, as his ongoing negotiations have yet to produce a breakthrough despite signs of progress.

According to recent reports, the Chicago Bulls are working toward securing Josh Giddey on a long-term deal before the 2025-26 campaign begins. However, the two sides remain divided on financial terms.

Spotrac’s Keith Smith reported Friday that Chicago has extended an offer worth $22 million annually. Josh Giddey, however, is holding firm at $30 million per year. Smith suggested that a compromise in the $25–26 million range could bring the standoff to a close, though it remains uncertain how quickly resolution might arrive.

Bulls are offering Josh Giddey $22M AAV. Giddey wants $30M AAV. Split the difference and go to $25-$26M AAV, right? Feels like this one is close enough that a deal will get signed.
Not sure we're that close with Quentin Grimes or Jonathan Kuminga. QO feeling more and more likely.
— Keith Smith (@KeithSmithNBA) September 5, 2025

While Smith noted optimism for Giddey’s situation, he was less confident about the immediate futures of fellow restricted free agents Quentin Grimes of the Philadelphia 76ers and Jonathan Kuminga of the Golden State Warriors, suggesting qualifying offers may be more likely outcomes for those two.

Post All-Star Surge Boosts Josh Giddey’s Confidence

Giddey’s firm stance comes after an impressive run to close last season. Following the All-Star break, he delivered averages of 21.2 points, 10.7 rebounds, and 9.3 assists across 19 games, all while posting an efficient 62 percent shooting percentage.

That surge has strengthened his belief that he deserves top-tier money, though the Chicago Bulls appear reluctant to tie significant long-term salary to a stretch that occurred in largely low-stakes contests.

The broader restricted free agent market may be ready for movement after Cam Thomas chose to return to the Brooklyn Nets on a one-year, $6 million qualifying offer Thursday. His decision could influence how other teams and their players approach stalled negotiations across the league, as the free agent market has rather been on the slower side this summer.