Josh Giddey and the Bulls recently came to terms on a four-year, $100MM free agent contract, putting an end to one of the summer’s longest-running negotiations. In the wake of that deal, Yossi Gozlan of The Third Apron (subscriber link) broke down how it will impact Chicago’s financial future.
In the short term, the Bulls still have their $14.1MM non-taxpayer mid-level exception available, but with no unrestricted free agents left on the board who would command such a deal, Gozlan speculates that the team will probably carry that exception into the season, when it could potentially be used for a rotational upgrade or to take on money to add other future-facing assets.
As for next summer, the Giddey extension doesn’t change the fact that Chicago will look to be a player in free agency. Should the Bulls keep Coby White‘s $24.5MM cap hold on their books – which seems likely barring a trade – they would project to have between $40-50MM in cap space in the summer of 2026. Gozlan notes they could use all of that space and then go over the cap to sign White to a new long-term deal.
There are a number of talented players who could potentially hit free agency next summer, headlined by LeBron James, Kevin Durant, Zach LaVine, and Trae Young. However, given recent trends involving star players avoiding free agency, it’s possible that White, an unrestricted free agent, could be one of the names atop the free agency board.
Gozlan speculates that with another strong season, White could command a deal reaching around $30MM annually. He has averaged 19.7 points, 4.8 assists, and 4.1 rebounds on .450/.373/.873 shooting splits over the past two seasons and will turn 26 midway through the season.
Should the Bulls balk at the idea of paying him, he would undoubtedly be a high-level trade chip, but after trading Lonzo Ball and Zach LaVine in the last year, White’s spot in the team’s future seems more stable than it previously did.
Gozlan also notes that Chicago has $90MM in expiring deals between Nikola Vucevic, Zach Collins, Kevin Huerter, and Jevon Carter. Trading some of them to bring back long-term money would eat into their 2026 free agency money, but could function as a way to do business ahead of time.
Finally, Huerter, Ayo Dosunmu, and Dalen Terry are extension-eligible and could be retained with some of the team’s cap space.