The Chicago Bulls and Josh Giddey could make progress on finalizing a new contract sometime after Labor Day weekend, according to Jake Fischer of Bleacher Report.
The Bulls and their 22-year-old point guard have been locked in negotiations dating back to last offseason, when it was suggested that Giddey was in search of a new long-term deal worth $30 million per season. Chicago is aiming closer to $20 million annually, with an offer of four years and $80 million recently being reported.
That's a large chasm to cross. There are compromises to be found; beyond the obvious middle ground of $25 million a year, the two sides could agree to a deal that features a team or player option in the final season.