Bulls re-sign Josh Giddey - 4/100- no options, fully guaranteed

[Senor Chang]

This deal is going to look like a bargain a year from now. Good job on both sides.


Sent from my iPhone using Tapatalk

[Muzbar]

Personally, I like the contract, I don't love it, but it's what I was expecting for quite some time (if memory serves).

I'm glad it's all over and a deal was made, I was never worried that a deal wouldn't get done, but it's good that it's finally done.

I think 4 years is a good length also, lines up to expire with Pwill.

[Stratmaster]

If he's as good as his last couple months then it's the bargain of the century. There’s a good chance that's not the case, though. At that point it's an overpay.

He's still an unknown, so for now it's a slight overpay.

There’s a lot of risk here, but I'm ok with taking that chance. I was infuriated with Pat's and Vuc's extensions but I'm neutral-to-slightly positive with this one.

Giddey doesn't have to play at post ASB levels to justify 25M. 25M for Giddey is not "a lot" of risk. Look around the league at what 25M gets you these days and what it's projected to get you moving forward. Giddey is being paid like the 79th best player in the league.

Even if he's the player he was in OKC, that's still a player that could get 20ish per year.

Best case scenario: he's the guy he was for the last couple months of the season. That's probably a max contract player.

Worst case scenario: he's an unathletic, bad defender who can't shoot or impact games when they matter. That guy's not worth even $20M.

If it weren't for those last couple month or two he wouldn't even be capable of getting the $25M he did.

Wait? WUT? Best case scenario for a 22 year old is that he plays at a level he has already played at? Worst case is he plays at a level below any level he has ever played at?

[MGB8]

these are all the contracts that came in between $20-35 million aav this offseason:

julius randle ($33m)
jakob poeltl ($28m)
naz reid, fred vanvleet, josh giddey ($25m)
jabari smith ($24.5m)
herb jones ($22.5m)
pj washington ($22 million)

i don't think giddey is the worst value there, but he's on the lower end of the spectrum. obviously things could change in an environment where more teams have cap space, but there's reason to believe this meaningfully-above-MLE/meaningfully-below-max class of player is rapidly shrinking due to the effect of the apron and a potential shift toward prioritizing balanced depth over a fat middle of your rotation.

we're in a place where decent rotation guys like malik monk ($20m/year) and grayson allen ($18m/year) are reportedly being treated like undesirable contracts by other teams. if giddey falls into a place where the consensus on him is "he'll never be the lead ballhandler for a good team, so you don't really want him as anything more than the PG for your bench unit," then i think there is a really big chance he'd be considered a toxic contract at $25m/year.

Sure, but Giddey has also never been that player to this point in his career. If he's the baseline player he's been in his NBA career so far, that's still a player that's worth $20M/per flaws and all. And on top of that, the MLE could hit that number at some point over the next 4-5 years.

Players worth $20M don't get benched in the playoffs, even if that's just solid starter money now.

Worst case scenario Giddey is worth $15M or less. Best case scenario Giddey is near max contract level.

You can deny it all you want, but there's a fair bit of risk with this deal.

I agree and disagree at the same. There is a small but real risk that he regresses - the shooting percentage goes down and defense gets worse (whether age and slowing or injuries). But if he is the average of his good and bad parts of last year - a guy who you don’t want as your lead guard on a contending team, but a contender would have as a solid bench point… while 25 M would be an overpay, I’m not sure that it would meaningfully harm the Bulls.

The reason I say that is that I doubt the Bulls are a real contention level team within 4 years… unless Giddey substantially outperforms his contract. There is no reasonably plausible trade or FA move that would elevate the current group into a contender w/out Giddey being a guy who is worth 30 M or more, or Matas taking not 1 but 2 leaps and becoming not just an all-star, but a top-10 type player (or Essengue, or Coby I guess?).

Coldfish wrote about how it looks like the Bulls are looking no for cap space next year. I kinda doubt that. The FA crop is thin, and they have too many players to sign. After the Vuc-LaVine-DDR-Lonzo plan failed, I think that they are going to be hesitant to try a quick fix. Also don’t think Jokic is coming, nor Giannis. Maybe they trade for KAT cheap if NY fails, but kind of doubt that, too.

For better or worse, I think the current plan is Coby-Giddey-Matas plus adding other pieces and hoping they strike gold.

[PaKii94]

As expected but I like it. I was hesitant but I would have given him the 30per on a de-escalating contact. I think he's gonna ball out. Not the 47% from 3 but everything else I think he'll replicate.

The stench of Lavine is gone. Now we just need to move on from Vuc and can actually start to build towards something

[rosenthall]

As expected but I like it. I was hesitant but I would have given him the 30per on a de-escalating contact. I think he's gonna ball out. Not the 47% from 3 but everything else I think he'll replicate.

The stench of Lavine is gone. Now we just need to move on from Vuc and can actually start to build towards something

Push comes to shove I would have given him 30 million too if it kept him from going on the QO, so I'm happy with this trade.

Giddey's output is pretty consistent, and he'll have the ball in his hands a lot to do his thing. I think the deal probably creates value in year 1.

[dougthonus]

Read on Twitter

Shocked. Shocked I say!

IKR? They were suppised to wait until the last minute because there was no reason to move any more quickly.

This should have been done a month ago. But its all over now. Time for him to earn it.

Perhaps it should have been done a month ago. It felt like an inevitable conclusion to me a long ways back. Who knows what movement caused it to happen, who knows which side (or both) was the hold up. In the end, it doesn't really matter, because also if it was done a month ago it would have made no difference from being done now.

[MrSparkle]

Ok great- now cue the ankle surgery that will keep him out for 3 months.
Sorry for the pessimism.

Maybe the off-season rest will do him good.

[Red Larrivee]

Players worth $20M don't get benched in the playoffs, even if that's just solid starter money now.

Worst case scenario Giddey is worth $15M or less. Best case scenario Giddey is near max contract level.

You can deny it all you want, but there's a fair bit of risk with this deal.

$20M is not a player who can't be schemed against. You're putting that figure on a pedestal that doesn't align with the talent that's signing for that money. It's especially not accounting for the fact that the cap is going to continue increasing and $20M at some point in the next 4-5 years will be seen as a pedestrian salary in the NBA.

[Chi town]

Monster season incoming.

Giddey has the keys and has a team that fits his strengths and play style.

Bulls should be a fun watch. Finally.

[GoBlue72391]

Monster season incoming.

Giddey has the keys and has a team that fits his strengths and play style.

Bulls should be a fun watch. Finally.

They were pretty fun to watch last season.

[ThisGuyFawkes]

I've only visited this site in the past few months to see if there was a Giddey deal. It finally happened. Now I can rest for another month.

[Infinity2152]

these are all the contracts that came in between $20-35 million aav this offseason:

julius randle ($33m)
jakob poeltl ($28m)
naz reid, fred vanvleet, josh giddey ($25m)
jabari smith ($24.5m)
herb jones ($22.5m)
pj washington ($22 million)

i don't think giddey is the worst value there, but he's on the lower end of the spectrum. obviously things could change in an environment where more teams have cap space, but there's reason to believe this meaningfully-above-MLE/meaningfully-below-max class of player is rapidly shrinking due to the effect of the apron and a potential shift toward prioritizing balanced depth over a fat middle of your rotation.

we're in a place where decent rotation guys like malik monk ($20m/year) and grayson allen ($18m/year) are reportedly being treated like undesirable contracts by other teams. if giddey falls into a place where the consensus on him is "he'll never be the lead ballhandler for a good team, so you don't really want him as anything more than the PG for your bench unit," then i think there is a really big chance he'd be considered a toxic contract at $25m/year.

Sure, but Giddey has also never been that player to this point in his career. If he's the baseline player he's been in his NBA career so far, that's still a player that's worth $20M/per flaws and all. And on top of that, the MLE could hit that number at some point over the next 4-5 years.

Players worth $20M don't get benched in the playoffs, even if that's just solid starter money now.

Worst case scenario Giddey is worth $15M or less. Best case scenario Giddey is near max contract level.

You can deny it all you want, but there's a fair bit of risk with this deal.

Didn't OKC JUST pay Caruso $20 mill AAV to come off the bench in the playoffs? You don't really think they plan to start him? $20 mill is sixth man money now. Doubt Caruso is considered a solid starter by anyone.

Good deal for both sides imo. Don't think the Bulls "strong" negotiating had anything to do with helping him take less. Not a coincidence last week or the week before they finally moved off $20 mill to $22 mill and now a deal's done. Is there any deal that's not a risk if you're predicting the player to get worse or fail or get permanently injured? That could happen to any player in the league, and most are older with worse injury history.

[terry]

Its so interesting how everyone had to play hard ball. Just to get to a fair deal. Bulls are happy, Giddey is happy, why did it take so long?

[Chi town]

Monster season incoming.

Giddey has the keys and has a team that fits his strengths and play style.

Bulls should be a fun watch. Finally.

They were pretty fun to watch last season.

Post ASB they def were.

[PlayerUp]

$18m/yr = Patrick Williams
$25m/yr = Josh Giddey

Both 4 year contracts remaining.

Learning lesson here is let the market to determine a players value. AKME rushed Patrick Williams signing and did it right with Josh Giddey.

[dougthonus]

Wait? WUT? Best case scenario for a 22 year old is that he plays at a level he has already played at? Worst case is he plays at a level below any level he has ever played at?

He most definitely played a good chunk of last season at the negative level described. I wouldn't have paid first 50 games of the year Josh Giddey the MLE. I'd also say I think he has very little upside over end of season Giddey despite his age, because there were so many weird outliers going on there, like there's no way he can shoot 46% from 3 over any length of time.

That said, overall, I'd say pretty low odds this is a bad contract (barring serious injury).

[Chi town]

Good news is he still has a month to workout with teammates in Chicago to get that chemistry going.

[DASMACKDOWN]

Love the deal and exactly where I thought it should be.

I may not think like most about Giddey, but I think he is going to blow up this year. He is going to push allstar status and but up some insane numbers in games this year.

[sco]

Giddey doesn't have to play at post ASB levels to justify 25M. 25M for Giddey is not "a lot" of risk. Look around the league at what 25M gets you these days and what it's projected to get you moving forward. Giddey is being paid like the 79th best player in the league.

Even if he's the player he was in OKC, that's still a player that could get 20ish per year.

Best case scenario: he's the guy he was for the last couple months of the season. That's probably a max contract player.

Worst case scenario: he's an unathletic, bad defender who can't shoot or impact games when they matter. That guy's not worth even $20M.

If it weren't for those last couple month or two he wouldn't even be capable of getting the $25M he did.

Wait? WUT? Best case scenario for a 22 year old is that he plays at a level he has already played at? Worst case is he plays at a level below any level he has ever played at?

You're right on the downside, but upside I think his strong level of play was against questionable competition, and doing so against normal competition would be a HUGE accomplishment. ALMOST like having him score 40 a game for the entire G-League season and saying he could do it in the NBA.