The NBA season is getting closer and closer to its start in the middle of October, and there are multiple restricted free agents still waiting to sign a deal with a team.
Jonathan Kuminga of the Golden State Warriors, Josh Giddey of the Chicago Bulls, and Quentin Grimes of the Philadelphia 76ers are evaluating all their possibilities in getting as much money as possible in a deal.
Recently, reports surfaced that the Warriors had shown interest in a possible sign-and-trade involving their restricted free agent Jonathan Kuminga and the Bulls' restricted free agent Josh Giddey. This seems to no longer be the case.
"The Warriors are not actively pursuing Giddey this offseason, team sources from both organizations confirmed... Aside from salary rules and restraints coming into play with a double sign-and-trade, this hypothetical scenario would also hard cap the Warriors. This would be a problem considering Golden State has made it clear they want to maintain financial flexibility," Brett Siegel of ClutchPoints reported on Monday.
After the Warriors made it known that the team wants to save money this offseason, if a double sign-and-trade took place for the two players who were drafted back-to-back in 2021, both teams "would need to attach extra salary to a deal."
Neither team is interested in such a move. The Warriors plan to build on their current roster, even as they project to be over the luxury tax threshold with several players holding verbal agreements to sign. The Bulls, meanwhile, are unwilling to exceed the threshold given their current roster situation and not being labeled as a serious contender for a championship in the upcoming season.