Bulls Rumors

Bulls RFA Giddey Reportedly Still Seeking $30MM Annually

The Bulls and restricted free agent guard Josh Giddey are having “good dialogue” during the first week of free agency, says Joe Cowley of The Chicago Sun-Times (Twitter link).

However, according to Cowley, Giddey’s camp is “dug in” on matching the contract extension Jalen Suggs signed with Orlando last fall.

Reports since October have continually cited an asking price of $30MM annually from Giddey and his reps. Several of 2024’s top rookie scale extension candidates were seeking that same per-year salary at the time, and Suggs and Hawks forward Jalen Johnson ended up at exactly that figure, signing five-year deals worth $150MM apiece.

Giddey didn’t do anything to hurt his case for a big payday in 2024/25. After an up-and-down start as he got acclimated to his new NBA home, the 22-year-old had a huge second half, posting averages of 21.2 points, 10.7 rebounds, 9.3 assists, and 1.5 steals with a shooting line of .500/.457/.809 in his final 19 games, 12 of which were Bulls victories.

Giddey’s full-season averages were 14.6 PPG, 8.1 RPG, 7.2 APG, and 1.2 SPG on .465/.378/.781 shooting. Several of those marks, including the three-point percentage, were career highs.

Still, while Giddey had a strong first season in Chicago and looks like the Bulls’ point guard of the future, he and several of the other top restricted free agents on the market may have a hard time maximizing their earnings this summer with so little cap room available around the league. With no other potential suitors in position to realistically get up to the neighborhood of $30MM per year for Giddey, the Bulls have a good amount of leverage and can afford to be patient.

The Bulls’ front office may also be wary of bidding against itself for Giddey after completing a five-year, $90MM deal with former lottery pick Patrick Williams when he was coming off his rookie contract last summer. Chicago reached that agreement before free agency even opened, then saw Williams’ production take a step backwards in the first year of the contract.

Bulls Sign Noa Essengue To Rookie Contract

The Bulls have officially signed their first-round pick, announcing (via Twitter) that forward Noa Essengue has finalized his rookie scale contract.

The No. 12 overall pick is expected to receive a four-year, $25.33MM deal that is fully guaranteed for the first two seasons, with team options on the third and fourth years. He’ll make $5.43MM as a rookie in 2025/26.

A 6’10” forward from France, Essengue signed with Ratiopharm Ulm in July 2023. He spent most of his first season with Ulm’s developmental team, but played a key role for the German club this past season, averaging 12.4 points, 5.3 rebounds, and 1.4 steals in 23.7 minutes per game across 18 EuroCup appearances.

As the second-youngest player in the 2025 draft class, Essengue may not play a significant role for the Bulls right away, but the team was pleased to land him at No. 12. General manager Marc Eversley said after the draft that the Frenchman was the best player available at that spot and “fits the style of play that we want to play.”

Wizards Among Teams Eyeing Jonathan Kuminga

The Wizards are the latest potential suitor to emerge in the Jonathan Kuminga sweepstakes, according to Anthony Slater of The Athletic, who reports that Washington has entered the picture within the last 24 hours. The idea of the 22-year-old forward fitting into the Wizards’ rebuild has “gained real momentum,” sources tell Slater.

In addition to Washington, the Kings, Heat, Bulls, Bucks, and Nets have all expressed “varying levels” of interest in the Warriors‘ restricted free agent, Slater writes.

Confirming prior reporting out of Sacramento, Slater says the Kings floated an offer that would include 2024 first-round pick Devin Carter, veteran forward Dario Saric, and a pair of second-round picks. However, Golden State views that as a “buy-low” attempt, per Slater, who suggests the Pacific rivals haven’t gained any real traction.

Both the Warriors and Kuminga appear willing to be patient in the hopes of getting what they want out of the process, Slater explains. From the team’s perspective, that would mean acquiring a promising young player and a first-round pick in any sign-and-trade scenario. For Kuminga, the goal is ending up in a situation where he feels he has the full support of an organization and its coaching staff and can be a featured part of a team’s core.

If there’s no resolution by the time the Las Vegas Summer League tips off next week, the tentative plan is for Kuminga’s camp to have in-person meetings with interested teams in Vegas, Slater notes.

One of those meetings could involved the Warriors. As Slater details, the idea of the former No. 7 overall pick working out a deal to remain in Golden State isn’t off the table, so there has been talk of Kuminga, agent Aaron Turner, head coach Steve Kerr, and general manager Mike Dunleavy Jr. sitting down together in Vegas to discuss what a reunion might look like.

Kuminga appeared in just 47 games in 2024/25, having missed more than two months due to a badly sprained ankle. He had an inconsistent role when healthy, averaging 15.3 points, 4.6 rebounds, and 2.2 assists in 24.3 minutes per game, with a .454/.305/.668 shooting line.

Although he was out of the Warriors’ rotation entirely for some key games at the end of the regular season and in the postseason, Kuminga averaged 24.3 points per game on .554/.389/.720 shooting in his final four playoff games vs. Minnesota after Stephen Curry injured his hamstring, providing a reminder of his offensive upside ahead of his restricted free agency.

Bulls Sign Lachlan Olbrich To Two-Way Contract

Australian big man Lachlan Olbrich has officially signed his first NBA contract, according to the Bulls, who announced (via Twitter) that the 55th pick in this year’s draft has finalized a two-way deal.

Olbrich, 21, spent one year playing college ball at UC Riverside from 2022-23, but has primarily been competing in Australia’s and New Zealand’s National Basketball Leagues for the last several seasons, including stints with the Adelaide 36ers, Illawarra Hawks, and Canterbury Rams.

In 29 games for Illawara in 2024/25, the 6’9″ forward/center averaged 8.7 points, 3.8 rebounds, and 1.6 assists in 16.7 minutes per game.

Olbrich’s two-way deal will make him eligible to appear in up to 50 NBA regular season games in 2025/26 and will pay him $636,435 if he remains under contract through the league-wide salary guarantee deadline in January.

The Bulls have now filled all three of their two-way slots, with Emanuel Miller and Jahmir Young occupying the others.

Summer League Notes: Bulls, Kawamura, Kings, Brink, Jent

The Bulls officially announced their 2025 summer league roster on Thursday afternoon (via Twitter). The group is headlined by recent lottery picks Matas Buzelis and Noa Essengue, plus two-way players Jahmir Young and Emanuel Miller and No. 55 overall pick Lachlan Olbrich, who is expected to sign a two-way deal with Chicago.

The Bulls’ summer league squad also features a handful of unrestricted free agents who have NBA experience. Japanese point guard Yuki Kawamura, who spent 2024/25 (his rookie campaign) on a two-way deal with the Grizzlies, is part of the team, as is ex-Grizzlies forward Maozinha Pereira. Former lottery pick Joshua Primo and guard Javon Freeman-Liberty are on the 14-man roster as well.

Windy City Bulls head coach Billy Donovan III will lead the summer league team for the second consecutive year, tweets K.C. Johnson of Chicago Sports Network.

Here are few more notes related to summer league:

  • Both of the Kings‘ draft picks — first-rounder Nique Clifford and second-rounder Maxime Raynaud — will compete in summer league action, GM Scott Perry said today at a press conference (Twitter link via Jason Anderson of The Sacramento Bee). Kings head coach Doug Christie said assistant Dipesh Mistry will be the summer league team’s top coach, as Anderson relays (via Twitter).
  • Jordan Brink, an assistant on former head coach Tom Thibodeau‘s staff, will be head coach of the Knicks‘ summer league team, reports James L. Edwards III of The Athletic (Twitter link). According to Edwards, Brink was “largely responsible” for New York’s impressive success rate on challenges last season. Given that he’s leading the summer league squad, it seems pretty likely that Brink will be a member of new coach Mike Brown‘s staff, though that’s just informed speculation and hasn’t been confirmed.
  • Assistant Chris Jent will serve as head coach of the Hornets‘ summer league club, per Rod Boone of The Charlotte Observer (Twitter video link). Jent is a longtime NBA assistant and former player who joined Charles Lee‘s staff last year.

Checking In On Top Remaining NBA Free Agents

The NBA’s free agent period officially opened less than 40 hours ago, but the list of this year’s top available players has already been pretty picked clean, with 35 of the players from our list of 2025’s top 50 free agents having already agreed to terms with a team.

Here are the players from our list remain available:

  1. Josh Giddey, G, (Bulls RFA)
  2. Jonathan Kuminga, F, (Warriors RFA)
  3. Cam Thomas, G, (Nets RFA)
  4. Quentin Grimes, G, (Sixers RFA)
  5. Deandre Ayton, C (waivers)
  6. Chris Paul, G
  7. Russell Westbrook, G
  8. Al Horford, C
  9. Malcolm Brogdon, G
  10. Moritz Wagner, F/C
  11. Chris Boucher, F/C
  12. De’Anthony Melton, G
  13. Amir Coffey, G/F
  14. Precious Achiuwa, F/C
  15. Ryan Rollins, G

While four of our top 10 free agents are still on the board, all four are restricted, which means it may take some time for their situations to play out. Sign-and-trades are always a possibility, but few clubs are in position to make an aggressive play for any of these restricted free agents, as Brian Windhorst of ESPN pointed out during a TV appearance on Tuesday evening (Twitter video link).

“If this isn’t the worst market for restricted free agents in the last generation, I don’t want to see it,” Windhorst said. “There’s just no money out there for cap space, and sign-and-trades are very tough to pull off…with restricted free agents, because the team that has the rights isn’t motivated to play ball.”

There have essentially been no rumors linking Giddey, Thomas, or Grimes to any rival suitors since free agency began, so there’s still a widespread expectation that those three players will ultimately end up returning to their current teams.

That may happen with Kuminga too, but there has certainly been more chatter about alternative landing spots for the Warriors forward. Jake Fischer of The Stein Line (Substack link) checked in on Kuminga’s market late on Tuesday night, suggesting that the Heat, Bulls, Pelicans, and Kings are still being monitored as teams to watch for the 22-year-old, despite an apparent absence of traction on any of those fronts so far.

According to Fischer, Miami has also been linked to potential forward trade targets like DeMar DeRozan and John Collins; Chicago still has Giddey’s own restricted free agency to resolve, and Golden State appears to have “moved away” from past trade interest in Nikola Vucevic; New Orleans doesn’t have an obvious path to make a realistic offer for Kuminga; and while Sacramento would have interest in sending out Malik Monk as part of a sign-and-trade, no momentum has developed there.

With those top four RFAs in limbo for the time being, Ayton – who will clear waivers at 4:00 pm Central time on Wednesday – may be the most intriguing option on the board. According to Fischer, a number of front offices around the NBA expect the former No. 1 overall pick to end up with the Lakers, but the Pacers have also shown interest, as did the Bucks before they agreed to a surprising deal with Myles Turner. Indiana, notably, is the team that signed Ayton to a maximum-salary offer sheet in free agency three years ago, and the same decision-makers are still running that front office.

Paul and Westbrook are two of the most accomplished NBA point guards of the last two decades. Paul is known to want to play close to his home in Los Angeles, so while the Bucks are among the teams that have expressed interest in him, per Chris Haynes on NBA TV (Twitter video link), a team like the Clippers or Suns may be a more realistic landing spot. Haynes adds that he thought Westbrook would land with the Kings, but as long as Monk remains on Sacramento’s roster, that looks like a long shot.

It’s worth noting there’s one big name who was not on our pre-free-agency top 50 because he has only become available since then: Damian Lillard.

The Bucks haven’t officially waived Lillard yet, but he’s expected to reach the open market in the near future, and according to Eric Nehm, Sam Amick, and Joe Vardon of The Athletic, many teams – including the Lakers, Celtics, and Warriors – have reached out and registered interest in signing him even while he recovers from his Achilles tear.

Still, Jamal Collier of ESPN hears that there’s no guarantee that Lillard will sign anywhere for the 2025/26 season, which he’ll likely miss most or all of. He’s reportedly expected to remain based in Portland while doing his rehab work.

Among the other names in the back half of our top 50, Horford is the most intriguing. He has been linked to several teams, including – most consistently – Golden State. The Warriors are still a leading contender to land the veteran big man, per Fischer.

Finally, we should mention Malik Beasley, who ranked 15th on our initial top-50 list before word broke that he was under investigation for gambling allegations. Beasley was reportedly discussing a three-year, $42MM deal with Detroit prior to that news, but it’s hard to imagine any team signing him until that legal situation is resolved, which is why we took him off our list entirely. Since that investigation was reported, a pair of follow-up reports have detailed Beasley’s financial issues, though it’s crucial to note that he doesn’t currently face any charges.

All of the free agent deals agreed upon so far can be found within our 2025 free agent tracker. The full list of free agents still available can be found right here (or here, if you prefer to sort by team rather than by position/type).

Free Agency Notes: Turner, Lillard, Kuminga, Clarkson, Beasley

According to Gregg Doyel of The Indianapolis Star (subscription required), the Pacers offered up to $95MM over four years for Myles Turner before he agreed to sign with the Bucks. Earlier reporting suggested Indiana didn’t go above roughly $60MM over three years.

Doyel shares that tidbit within a column defending the Pacers and castigating Turner’s camp for referring to Indiana’s “aversion to the tax” in leaks to ESPN, portraying the four-year, $95MM bid as a strong offer. Given the slant of the piece, it’s worth taking the report with a grain of salt.

Even if the Pacers did get up to $95MM, that offer would have come in quite a bit below the $107MM deal Turner is getting in Milwaukee and would also fall well short of the going rate for quality starting centers in recent years — Jarrett Allen and Jakob Poeltl have gotten $30MM and $28MM annually on their most recent extensions, for example. Even Naz Reid, who has been a reserve in recent years, received $25MM per year over the weekend.

Here are a few more notes and rumors related to free agency:

  • During a TV appearance on ESPN (Twitter video link), Marc J. Spears of Andscape says star point guard Damian Lillard intends to rehab his Achilles tear in Portland to be close to his family, whether or not he signs with a team in the near future. Spears also says that at least 10 clubs – including the Warriors (Twitter link via Ohm Youngmisuk of ESPN) – have touched base with Lillard since word of his release broke, and adds that there’s “speculation” the 34-year-old could be back around the All-Star break. Given that Lillard just sustained the injury in late April, that timeline feels a little aggressive to me, but it sounds like he might aim to make it back before the end of the 2025/26 season.
  • There’s very little money available on the open market for this summer’s top restricted free agents, ESPN’s Brian Windhorst stated during a TV appearance (Twitter video link). Windhorst went on to say that it might be in the Warriors‘ and Jonathan Kuminga‘s best interests to work out a deal and possibly revisit the trade market down the road. K.C. Johnson of the Chicago Sports Network (Twitter video link) says he hasn’t heard “any traction” about a sign-and-trade deal to the Bulls, who have been rumored as a potential suitor for Kuminga.
  • As first reported by Jake Fischer of The Stein Line (Twitter link), veteran guard Jordan Clarkson gave up the exact amount of his minimum salary (roughly $3.6MM) when he agreed to a buyout with the Jazz, Hoops Rumors has confirmed. That will reduce his cap hit on Utah’s books from about $14.3MM to roughly $10.7MM, and he’ll make up the difference when he signs his new contract with the Knicks.
  • In another troubling report on free agent sharpshooter Malik Beasley, who is under federal investigation for gambling allegations, Robert Snell of The Detroit News takes a deep dive into court records that paint a picture of Beasley’s financial issues in recent years. According to Snell, Beasley owed debts to his landlord, barber, and dentist, and pledged his current and future NBA contracts as collateral last August when he signed a deal with a Florida firm for a bridge loan.

Bulls To Re-Sign Tre Jones On Three-Year Contract

The Bulls have agreed to a three-year deal worth $24MM with one of their own free agents, guard Tre Jones, ESPN’s Shams Charania tweets.

Jones was acquired at the trade deadline from the Spurs in the three-team swap that sent Zach LaVine to Sacramento. In 18 appearances with Chicago, including nine starts, he averaged 11.5 points, 4.9 assists and 3.5 rebounds in 25.3 minutes per game while shooting 57.1 percent from the field.

Bulls head coach Billy Donovan repeatedly lauded the point guard down the stretch for his high basketball IQ and his knack for making winning plays.

This signing became increasingly likely in recent days. The agreed-upon deal sending Lonzo Ball to Cleveland opening up more backcourt minutes and Jones has an opportunity to fill them. Assuming restricted free agent Josh Giddey remains with the Bulls, Jones, entering his sixth NBA season, projects as the second unit point guard.

Jones spent his first four-and-a-half seasons with San Antonio. In 297 career regular season games, he has averaged 8.4 points and 4.7 assists in 21.7 minutes.

The Bulls held Jones’ Bird rights, so they won’t have to use any of their cap exceptions to complete the signing.

Stein/Fischer’s Latest: Jerome, Kennard, Capela, Lakers, Bulls, More

In their latest round-up of scuttlebutt ahead of the start of free agency on Monday, Marc Stein and Jake Fischer of The Stein Line (Substack link) reiterate or confirm a few of the rumors that have been percolating in recent days, writing that Dennis Schröder appears to be on track to join the Kings on a two-year deal worth the non-taxpayer mid-level exception, while D’Angelo Russell is widely expected to join the Mavericks on a two-year deal that utilizes the taxpayer mid-level.

Stein and Fischer also stress that the Grizzlies are increasingly regarded as the favorites to land free agent guard Ty Jerome, with rival teams expecting him to sign for a deal in the neighborhood of $9-10MM annually (Twitter link).

Additionally, Stein and Fischer confirm that the Rockets are now eyeing Luke Kennard in addition to Dorian Finney-Smith. Besides Houston, the Hawks and Nuggets are considered potential suitors for Kennard, one of the league’s best outside shooters, according to The Stein Line duo.

Here are a few more fresh pieces of intel from Stein and Fischer:

  • The Clippers are viewed as a viable candidate to land free agent center Clint Capela. Los Angeles is known to be in the market for an Ivica Zubac backup, with Drew Eubanks not expected to return.
  • If the Lakers end up losing Finney-Smith in free agency, they’re expected to express interest in another talented perimeter defender, De’Anthony Melton, Stein and Fischer report. Dan Woike of The Athletic (Twitter link) has also heard that there’s mutual interest between Melton and the Lakers. The veteran guard signed for the full non-taxpayer mid-level a year ago, but seems unlikely to land another deal in that range after missing nearly the entire season with a torn ACL.
  • There’s a “strong expectation” that free agent point guard Tre Jones will remain with the Bulls, Stein and Fischer say. K.C. Johnson of the Chicago Sports Network previously reported that the odds of a reunion between the two sides were rising following the team’s Lonzo Ball trade.
  • The Bucks are working on potential Pat Connaughton trade scenarios and have a couple possible pathways to a deal, per Stein and Fischer. Milwaukee would likely have to attach a sweetener to move Connaughton, but perhaps could acquire a player in return who would upgrade the rotation.
  • The Wizards have been gauging the trade market for a pair of veterans on expiring contracts, guard Marcus Smart and big man Kelly Olynyk, Stein and Fischer write. Olynyk technically isn’t even a Wizard yet, as the deal sending him from New Orleans to Washington will become official after the July moratorium — it sounds like there’s a chance he’s flipped to another team.
  • DeMarre Carroll and former Wizards assistant Brian Randle are expected to have two of the front-of-bench spots on Jordan Ott‘s coaching staff, but the new Suns coach is still seeking a lead assistant who has previous head coaching experience, according to Stein and Fischer.

Warriors Rumors: Kuminga, Horford, Free Agency

Although there have been a few conversations between the two sides, the Warriors and restricted free agent forward Jonathan Kuminga ahead of the official start of free agency on Monday evening, there’s no real traction toward an agreement, according to Anthony Slater of The Athletic.

Jake Fischer and Marc Stein of The Stein Line (Substack link) have published a similar report, writing that Kuminga’s free agency may be a “slow-moving process,” with no immediate resolution expected in the coming hours.

Although the Warriors will have the right of first refusal on Kuminga, giving them the ability to match any offer sheet he signs with another team, the 22-year-old will explore his options in free agency, with the Heat and Bulls still looking like the most likely suitors, league sources tell Slater.

Fischer and Stein also mention Miami and Chicago while also identifying the Kings and Pelicans as two possible teams to watch for Kuminga in sign-and-trade scenarios. While the Warriors are willing to help facilitate a sign-and-trade deal that sends Kuminga elsewhere, that scenario would have to “outweigh the benefits” of simply re-signing Kuminga themselves in order for them to move forward with it, per Fischer and Stein.

Here’s more out of Golden State:

  • Veteran Celtics center Al Horford is expected to be a top target for the Warriors, league sources tell Fischer and Stein. Slater has heard similar rumblings, writing that “many in the league continue to link” Horford to Golden State. The team’s spending flexibility will hinge in large part on how the Kuminga situation resolves, but the Warriors should have some form of mid-level exception available.
  • Generally speaking, a stretch center is a top priority for the Warriors, team sources tell Slater. The club will be “on the recruiting trail” when free agency opens on Monday, Slater adds.