Bulls raise their quotation and provide Gidey with a four-year contract worth nearly $90 million
On September 5, according to reporter Brett Siegel, sources revealed that the Chicago Bulls initially insisted on providing Josh Gidey with an annual salary of about $20 million, but the team has recently raised the offer and proposed a new contract with a total price of about $85 million to $90 million for four years.
It is reported that this summer, the Bulls have always believed that they will eventually reach a long-term contract with Gidedi, and the player himself has also made it clear that he wants to return. However, the current situation is: the Bulls need to reach a contract renewal more urgently than Gidedi, which also allows the latter to take a certain initiative in the restricted free agent market and has not reached an agreement with the team on salary so far.
Bulls made it clear that this is most likely the last offer the team can provide for Gidey in the offseason. If Gidi is still dissatisfied with the new contract, his only option is to accept a qualification offer worth $11.1 million. (NBA)
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