Are Josh Giddey & the Chicago Bulls FINALLY Ready to Agree on a Deal? | CHGO Bulls Podcast

Josh Giddy contract update: are the Bulls close to a deal?

Recent reporting suggests the Chicago Bulls and Josh Giddy could finalize a multi-year agreement before the end of August. Sources indicate a likely three-year structure near a $20 million average annual value, while agents whisper about $65–$70 million total. This episode breaks down the likely timelines, leverage, and negotiation pressure as training camp approaches.

Why contract length and structure matter for team control and cap flexibility

Short-term vs long-term deals: The hosts compare three-year deals (quicker player freedom, shorter team control) with five-year deals (more years to dilute cap percentage but greater long-term risk). They explain team-option approaches, front-loaded pay structures, and how a descending percent-of-cap contract preserves future flexibility.

Player evaluation: Josh Giddy’s upside and limits

The show evaluates Giddy’s post–All-Star break surge, his shooting profile, off-the-dribble creation needs, and defensive inconsistencies. Hosts debate whether Giddy can become a true franchise lead or remain a high-usage sixth-man type. The conclusion: his ceiling could be meaningful, but there are legitimate concerns about late-game defense, consistency, and playmaking under pressure.

Roster construction: depth-first teams versus star-led contenders

Using Rick Carlisle’s “play hard” and depth-focused comments as a springboard, the episode contrasts the Pacers’ finals run (depth plus multiple stars) with the Bulls’ current identity. The hosts argue depth matters, but you still need an MVP-caliber or top-15 player to seriously contend long-term.

Actionable takeaways for Bulls fans and front offices

• Evaluate team options on later years to protect cap flexibility and preserve trade value.
• Prioritize shooting wings and switchable defenders around a ball-dominant guard like Giddy.
• Use front-loaded or descending contracts to keep future extensions manageable.

In short, the episode combines reporting, contract mechanics, player scouting, and NBA trend context to help listeners understand whether signing Giddy now is a smart, controllable bet or a potential repeat of previous Bulls contract misfires.