And as things currently stand, an agreement between both player and team are not very close. According to NBA insider Jake Fischer, the Bulls' most recent offer to Giddey was a four-year, $80 million contract; Giddey, meanwhile, wants to be compensated closer to $30 million each year.

The Chicago Bulls and Josh Giddey have been trying to work out a new deal, but most reports say they are far apart with their respective demands.