However, according to a recent report from Brett Siegel of Clutch Points, the Bulls and Giddey are expected to find common ground on a new deal sometime in the near future. It remains uncertain when that could happen, but it's promising to hear that the Bulls will keep the young potential star around.

“Giddey has been seeking a deal in the $30 million range annually, and the team hasn't agreed to that price. With cap space scarce across the league, especially for restricted free agents, the Bulls have benefited from holding out for a more team-friendly deal,” Collier wrote.

The Golden State Warriors aren't prepared to send Buddy Hield or Moses Moody to the Chicago Bulls in a sign-and-trade for restricted free agent Josh Giddey, according to NBA insider Jake Fischer.