Bulls Rumors: Josh Giddey Seeks $30M AAV Contract After Alex Caruso, Thunder Trade

Newly acquired Chicago Bull Josh Giddey is seeking a minimum of $30 million annually in his next contract after being traded from the Oklahoma City Thunder, according to sources cited by NBA insider Jake Fischer.

There has been a surge in young guards seeking higher contracts following Immanuel Quickley's five-year, $175 million deal with the Toronto Raptors this past summer.

The 22-year-old Australian is currently on a four-year, $27 million contract, which the Bulls took over following the trade that sent Alex Caruso to the Thunder in exchange for Giddey.

Over his three seasons with Oklahoma, Giddey averaged 13.0 points, 5.7 assists and 7.3 rebounds per game while shooting 46 percent from the field and 31 percent from the three-point line.

Giddey joined the Bulls in June after the team finished 39-43 last season, placing ninth in the Eastern Conference and failing to make the playoffs.

The Australian is expected to start for the Bulls at the point guard position, but is currently a game-time decision after he ruptured an ankle ligament playing for Australia during the Paris Olympics.

Giddey played in the Bulls' preseason games and stated that he will "be fine" and is expected to be ready for the season opener on the road against the New Orleans Pelicans on Wednesday, according to Field Level Media (h/t ESPN).