Australian Josh Giddey’s contract stand-off with the Chicago Bulls has come to an end: the 22-year-old has re-signed with the club on a four-year deal worth $150 million (US$100 million).

The deal ends a months-long stalemate between Giddey and the club, and makes the Melburnian one of the country’s highest-paid athletes behind F1 driver Oscar Piastri who earns an estimated $40 million a year, and ahead of Super Bowl champion Jordan Mailata who earns a reported $34 million a season with the Philadelphia Eagles.

Australian Josh Giddey will be with the Chicago Bulls for another four years.Credit: AP

Giddey became the fifth Australian to play for the famous club after his former team, the Oklahoma City Thunder, traded him to the Bulls in the 2024 off-season.

The Australian point guard had been a regular starter since being taken with the sixth pick in the 2021 NBA Draft, but fell out of the Thunder’s main rotation during the 2023-24 season.

Yes. And this was the outcome expected by Australian basketball sources who have followed the stand-off closely. The Bulls had played hardball, having refused to budge on a........

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