The Golden State Warriors have contacted Josh Giddey’s representatives to gauge the feasibility of a double sign-and-trade that would send the 6’8” guard to the Bay Area and move forward Jonathan Kuminga to the Chicago Bulls, Bleacher Report’s Jake Fischer said during an August 7 live stream.
Fischer described a “stalemate” between the Bulls and Giddey, and between the Warriors and Kuminga, noting he does not expect either situation to be resolved quickly. According to Fischer, Golden State is “one of multiple teams” that have inquired about Giddey and would be interested in a sign-and-trade if “the machinations” can be worked out.
Chicago not engaging on sign-and-trade talks
While the Warriors appear open to the concept, Fischer said Chicago “has been telling teams that they don’t want to talk sign-and-trade.” The Bulls do carry a long-standing interest in Kuminga, he added, but have not made a strong push. Chicago reached out to Golden State early in the offseason and has discussed Kuminga in previous conversations that involved Zach LaVine and Alex Caruso.
Structural hurdles complicate a deal
Pulling off a double sign-and-trade is challenging because of base-year compensation rules. Each outgoing salary would count as only 50 percent of its average annual value for the team sending the player, while the receiving team must count the full amount. Fischer said that dynamic likely means a third club would have to participate to balance the salaries.
Warriors’ long-time interest in Giddey
Golden State nearly drafted Giddey in 2021, according to Fischer, and has tracked the Australian guard ever since. The franchise also attempted to strike a deal with the current Bulls front office at the 2023 trade deadline, reportedly offering multiple first-round picks for Caruso.
Imagem: Eli Cohen via hoopsrumors.com
Rival teams view Chicago as difficult to negotiate with, Fischer noted, partially because the Bulls obtained Giddey for Caruso in June 2025 without adding draft compensation and now appear averse to further maneuvering.
Kuminga’s camp keeping an eye on Chicago
Even if no trade materializes, Kuminga’s representatives believe the Bulls could still figure prominently in the forward’s future, Fischer said. One possibility is that Kuminga accepts his qualifying offer, becomes an unrestricted free agent in 2026 and considers Chicago, which is projected to have significant cap space.
Source: Hoops Rumors