The details of Josh Giddey’s four-year, $100 million contract are in. Per Keith Smith of Spotrac, Giddey will earn a flat $25 million annually, rather than the expected ascending structure that would have started at $23 million next season and climbed to just over $27 million by 2028-29.
While a descending deal would have been the most cost-efficient, a flat structure still provides more long-term savings than the typical ascending model usually reserved for players of Giddey’s profile. In fact, the other four players to ink rookie-scale extensions—Paolo Banchero, Chet Holmgren, Jabari Smith Jr., and Jalen Williams—all received ascending contracts
Josh Giddey's contract offers Chicago future financial flexibility
Unlike Giddey, however, the four aforementioned players still had a year remaining on their rookie deals.