Patrick Williams has not lived up to expectations since he was the No. 4 overall pick of the 2020 NBA draft, but the Chicago Bulls have decided to keep him on the team.

Chicago, which previously exercised club options for the 2022-23 and 2023-24 seasons on his contract, agreed to a new five-year, $90 million deal with Williams, according to The Athletic and Stadium's Shams Charania.

Before the deal, Chicago's 2024-25 salary was at $219.5 million, per Spotrac. The exact year-by-year breakdown of Williams' contract is unclear, though he'll average $18 million annually on his new deal.

The Bulls did so even though Williams played just 43 games in the 2023-24 campaign. It was revealed in February he needed season-ending surgery on his foot, which was another blow for the Eastern Conference team that also lost Zach LaVine to season-ending foot surgery. Lonzo Ball also missed his second straight season with ongoing knee concerns.

Despite the injury and uncertainty about his contract status, Williams said in February he preferred to remain with the only NBA team he has ever known.

"I don't think anybody knows what their future is to be honest," he said, per K.C. Johnson of NBC Sports Chicago. "I would love to continue to be a Bull. I love it here. I love the opportunity we have to build culture, to build something special with this group and this team. I think I could really be a cornerstone piece for this team. But you never know what the future holds, and I understand it's a business."

While Williams hasn't lived up to the elevated expectations that were put in place when the Bulls used a top-five pick on him, he is still just 22 years old with the opportunity to turn things around moving forward on a new deal.

But his career has been defined by inconsistency at this point.

Williams averaged 9.7 points, 4.2 rebounds and 1.3 assists per game while shooting 46.9 percent from the field and 41 percent from deep in his first four seasons. He has never averaged better than 10.2 points a night in a single campaign and has been a secondary contributor to this point.

There have been some positives, as his ability to stretch the floor helped him take advantage of openings created by playing alongside LaVine and DeMar DeRozan. He is also versatile enough to defend multiple positions if needed, which can keep him in various lineups.

In an ideal world for Chicago, he will put all of those positives together and be one of the focal points of the team with this new deal.