Josh Giddey Stays in Chicago: Signs Massive Extension
The Chicago Bulls have secured a key piece of their future, announcing a four-year, $100 million contract extension for guard Josh Giddey. The deal, confirmed Tuesday afternoon, ensures the 22-year-old Australian will remain in the Windy City for the foreseeable future.
Giddey's performance last season showcased his all-around talent. He averaged an impressive 14.6 points, 8.1 rebounds, and 7.2 assists per game, playing just over 30 minutes each night. His shooting splits were also notable: 51.2% from two-point range, 37.8% from beyond the arc, and 78.1% from the free-throw line. These numbers place him in elite company. Last season, only Nikola Jokić and Luka Dončić matched or exceeded Giddey's per-game stats while maintaining similar shooting efficiency.
However, some analysts point out a crucial difference: Jokić and Dončić score significantly more points while maintaining similar efficiency. This highlights an area where Giddey can improve to truly reach his potential as a high-usage ball-handler and offensive focal point.
Giddey's Journey: From OKC to Chicago
Drafted sixth overall by the Oklahoma City Thunder in 2021, Giddey quickly became part of a promising young core alongside Shai Gilgeous-Alexander and Luguentz Dort. The Thunder's rapid ascent, culminating in a Western Conference top seed, was partially fueled by Giddey's contributions. However, OKC traded Giddey to Chicago for Alex Caruso after the Mavericks exploited his inconsistent shooting in the 2024 playoffs.
The trade proved beneficial for Oklahoma City, as Caruso provided a more versatile and reliable option during their championship-winning postseason run in 2025. The initial returns were less clear for Chicago, but the Bulls are clearly betting on Giddey's continued development and long-term potential to lead their team.
Looking Ahead: Giddey's Future with the Bulls
With this new contract, the Bulls are signaling their belief in Giddey's ability to become a cornerstone of their franchise. The challenge now is for Giddey to refine his game, improve his scoring output, and solidify his role as a consistent offensive threat. If he can do that, the Bulls' investment could pay off handsomely.