The Chicago Bulls are deep in extension talks with restricted free agent Josh Giddey. So far, the only free agent they've agreed to a deal with is Tre Jones on a three-year, $24 million deal, capitalizing on his strong stretch to close the season. They've also traded Lonzo Ball to the Cleveland Cavaliers, clearing some extra guard minutes.

The Chicago Bulls front office and restricted free agent Josh Giddey are at a stalemate as the two sides appear to be firmly dug in on their stance of what a fair market value contract would be for the guard.

Former Chicago Bulls star explains why the organization is in no hurry to offer a $30 million contract to Josh Giddey.