DuckIII wrote:People also seem to forget that Giddey is not without leverage here. The Bulls - granted they created the scenario that required this - have publicly embraced Giddey as the present face of the franchise (Matas being openly embraced as the future) and are reportedly (and pretty obviously regargless of reports) structuring a team around his style of play. The Bulls kinda have to sign him. Some of us super-nerds might not like that deal (I do think we nerds only have a vocal minority opposed), but the organization also has to look at the marketing and PR problems if Giddey walks. Not to mention AK. Giddey and Matas are his only two wins he can sell the fanbase. They are the only things the allow the Bulls to sell hope with a straight face.
For all the "gotta play hardball!!!" posts in here, I think a lot of you don't really grasp the complexity to this from the Bulls' perspective.
i think part of the reason i'm not at all worried about negotiations spiraling to a place where giddey takes the QO or leaves is for the reasons you outline here. all indications are that this front office wants to retain giddey, and i expect they will ultimately do what it takes to do so. (in fact, my expectation going in was that they would err on the side of not fully exercising their leverage for self-indulgent reasons, and i'm happy to see that so far they're seemingly not dong that.)
i just think the reality of giddey being unable to get a meaningful offer from any other team is a more powerful piece of leverage than giddey threatening to bolt in a year. we are presumably offering somewhere between $6-13 million more annually than he can get on the open market right now, and quite possibly somewhere in the ballpark of $110m more guaranteed than he would get playing on the qualifying offer.
sure, you can say he is highly likely to get at least ~$70 million over the next five years even if he plays out this season on the QO, and has a reasonable shot at exceeding $125m or whatever depending on how he plays next year, and can reasonably expect to have more suitors in a year where way more teams are currently projected to have cap space. but ultimately...that's still inviting a potential loss of $50+ million, or maybe even more if something truly catastrophic happens. there's a reason the QO is an exceedingly rare outcome in restricted free agency, and that's even before you factor in the new cap realities of the apron and league revenues not growing as fast as originally projected