Lauri Markkanen reportedly unlikely to sign contract extension with the Chicago Bulls in the offseason

Lauri Markkanen Chicago Bulls
Photo: Elsa/Getty Images

Lauri Markkanen is unlikely to sign a contract extension with the Chicago Bulls this offseason, per K.C. Johnson of NBC Sports Chicago.

Markkanen is due for a contract extension as early as the start of the offseason, but he is unlikely to get an offer from the front office just yet.

“I think given that the new regime likely is viewing 2020-21 as a see-what-we’ve-got season, it’s more likely than not that no extension is reached. Then, you negotiate again in 2021 depending on how Markkanen fared.

This strategy cost the Bulls a lot of money in the Jimmy Butler scenario. But it’s a good problem to have if a player with current question marks blossoms into a star — like Butler did and like Karnisovas hopes Markkanen can,” Johnson reports.