Josh Giddey re-signs with Chicago Bulls for four-year $100M

After months of negotiation, the Chicago Bulls eventually secured their future backcourt centerpiece on Tuesday, re-signing Josh Giddey for another four years before the upcoming 2025-26 NBA season.

Chicago Bulls reach deal with Josh Giddey after weeks of negotiations

According to the report from ESPN’s Shams Charania on Tuesday, the Bulls have secured their future backcourt centerpiece with a four-year, $100 million contract exention.

Just in: Restricted free agent Josh Giddey has reached agreement on a four-year, $100 million deal to re-sign with the Chicago Bulls, agent Daniel Moldovan of Lighthouse Sports Management tells ESPN. pic.twitter.com/RtJqf7P679

— Shams Charania (@ShamsCharania) September 9, 2025

The agreement comes after weeks of speculation around Giddey’s value and Chicago’s willingness to make a long-term investment. Earlier in negotiations, the 21-year-old guard was reportedly seeking a deal closer to $30 million annually. The Bulls initially countered with a four-year, $88 million offer, a figure that underscored their belief in Giddey’s potential while stopping short of his asking price.

In the end, both sides found middle ground. The finalized $100 million contract averages $25 million per year, giving Giddey a significant raise while keeping the Bulls from overextending their payroll.

Giddey has a solid career trajectory

Giddey, who arrived in Chicago via trade from the Oklahoma City Thunder, immediately became a central figure under Bulls’ head coach Billy Donovan. His playmaking vision, size, and versatility in the backcourt have made him a vital piece of the Bulls’ rebuild. Last season, he averaged 14.6 points per game while averaging career-highs in rebounds (8.1), assists (7.2), steals (1.2) and 3-pointers (37.8%). He also broke out after the All-Star break, elevating his average stats to 21.2 points, 10.7 rebounds, 9.3 assists on 50% shooting and 46% from beyond the arc.

For the Bulls, this deal represents both a gamble and a commitment. With Nikola Vučević aging and Coby White’s rise ongoing, Giddey’s development into a star could dictate whether Chicago re-enters playoff contention. For Giddey, the contract reflects both the team’s trust and the heightened responsibility of being paid like a cornerstone.