If the Chicago Bulls want to keep Josh Giddey around, they need to pay him, or he might sign his qualifying offer.
If the Chicago Bulls want to keep Josh Giddey in town long-term, they need to reach an extension with him. According to Jake Fischer of The Stein Line (during a live stream for Bleacher Report), he could threaten to sign the qualifying offer, which would set him up to enter unrestricted free agency next summer.