Reports since last October have suggested that a salary of $30MM per year is a target for Josh Giddey and his representatives in their contract talks with the Bulls, and that number continues to be mentioned this summer. However, K.C. Johnson of the Chicago Sports Network (YouTube link) isn’t convinced that’s what it’ll take for the Bulls to get a deal done with the restricted free agent guard.
“Both the Bulls and Giddey want to get a deal done,” Johnson said (hat tip to Benedetto Vitale of Clutch Points). “The Bulls, knowing that the market is scarce and the restricted free agency market has very little movement…are playing the slow game here.
“I don’t have particular numbers, other than to say that Josh Giddey’s $30MM per year price tag – that’s been well documented in media and out there since last fall when the rookie contract extension was discussed – has not ever crossed my radar. I’ve never heard the Bulls mention that number. So I would not expect Josh Giddey to sign a $30MM (per year) deal.”
While Johnson refers to the situation as a “stalemate” for the time being, he stresses that negotiations haven’t been acrimonious and says he fully expects Giddey to be wearing a Bulls uniform next season.
Here’s more on free agency:
- The Clippers continue to be linked to guards Bradley Beal and Chris Paul and haven’t ruled out the possibility of adding both players, per NBA insider Marc Stein (Twitter link). While Paul is currently a free agent, Beal will need to finalize a buyout with Phoenix before reaching the open market.
- The Knicks have one roster spot open for a veteran free agent and will likely target a guard, ideally one who can handle the ball, per Stefan Bondy of The New York Post (subscriber link). Breaking down a few possible targets who might make sense for the Knicks, Bondy notes that the team has kept an eye on Marcus Smart in case he and the Wizards work out a buyout agreement.
- Former NBA big man Chimezie Metu is nearing a deal with the Turkish team Fenerbahce, according to Donatas Urbonas of BasketNews.com, who says the plan is to finalize a one-year agreement if Metu’s medicals check out. The 28-year-old, who appeared in 260 NBA regular season games from 2018-24, tore his Achilles in March, so Fenerbahce wants to make sure his recovery is progressing as planned. Sources tell Urbonas that Metu is targeting a return to the court before the end of the year.
- After playing for the Spurs during the California Classic Summer League this past week, free agent guard Omari Moore has reached a contract agreement with Valencia, the Spanish team announced in a press release. According to Urbonas (Twitter link), Moore had received NBA interest but has decided to make the move to Spain rather than accepting a two-way contract offer.