After months of questions surrounding what the Chicago Bulls would do with Josh Giddey in free agency, Shams Charania of ESPN reported that he plans on signing a $100 million deal with the organization.
“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,” Charania wrote.
While the deal seems as good as done, other reports have indicated that Giddey has yet to sign his contract, and as of now, he’s just reached an agreement. The reason for Giddey not signing his contract is due to being in Australia.
But after landing a new deal and being $100 million richer, Giddey took to Instagram to break his silence on the new deal. He posted a photo of himself in a Bulls jersey, with a simple caption for the fan base.
"@chicagobulls 🔒🫶🏼," he posted.
Giddey is a tough player to evaluate in some sense. He's exactly what many think he is as a player, which is someone who could possibly be a third option on a championship team.
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It's also possible that he could be an engine for a championship team, depending on the pieces around him.
$100 million is a lot of money to invest in him, but the Bulls clearly think they have something. Given how young he is and the season he had a year ago, it isn’t unfair for the Bulls to believe that.
It'll be interesting to see how the four years play out for Giddey, as the Bulls will continue to need young talent to step up.
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