Josh Giddey was looking for a Jalen Suggs-like five-year, $150.5 million contract from the Bulls

Josh Giddey, acquired from Oklahoma City in the Alex Caruso deal last offseason, is up for an extension this summer. According to a source, Giddey, who was selected as the No. 6 overall, originally on a Jalen Suggs-like deal after the Orlando point guard was extended for five years at $150.5 million (about $30 million per year). Those negotiations stalled in the fall, so Giddey will be a restricted free agent. Executive Vice President of Basketball Operations Arturas Karnisovas has insisted he was looking to keep Giddey long-term, but that was before the weaknesses in his game were seen firsthand. Of the top six picks in the ’21 draft class, Giddey is the only player yet to receive an extension.