Giddey has long wanted a deal in the range of roughly $30 million annually, to which the Bulls have not taken the bait on. However, as KC Johnson of Chicago Sports Network says, a resolution to this contract dispute could soon be found.

The Chicago Bulls and Josh Giddey have been trying to work out a new deal, but most reports say they are far apart with their respective demands.

Restricted free agency has led to a slow-moving market for Josh Giddey, but the Chicago Bulls have reportedly extended him a lucrative contract offer.