Derrick Rose Net Worth

How much is Derrick Rose worth?

Net Worth:$115 Million
Profession:Professional basketball player
Date of Birth:4 October 1988
Country:United States of America
Height:
1.91 m

About Derrick Rose

Rose was scouted by John Calipari, the head coach of the University of Memphis Tigers, after Calipari watched him compete in an amateur athletic union (AAU) game. Calipari offered Rose a scholarship to play for the Tigers, and Rose accepted. Both Indiana University and the University of Illinois at Urbana-Champaign made significant efforts to sign Rose to their respective athletics programs. Rose was a member of the Illinois Fighting Illini’s Amateur Athletic Union (AAU) basketball team, and the school’s five-star prospect Eric Gordon was a former teammate of Rose’s.

Derrick Rose has an estimated net worth of $115 million dollars, as of 2023. Rose reportedly extended his deal with Adidas in 2012, for a total value of $185 million over 14 years.

Rose typically plays the point guard position on the basketball team. He has a height of 6 feet 3 inches (1.91 meters) and a weight of 200 pounds (91 kg). Throughout his career, he has scored 18.2 points a game on average. His career shooting percentage from beyond the arc is only 30 percent, so he has never been a knock-down shooter from that distance. After having eye surgery in 2015, he explains his difficulties with his jump shot on a lack of depth perception, which led to his developing into a bank-shot shooter during the 2015–16 season. He had previously struggled with his jump shot.

Rose was born and raised in the Englewood neighborhood, which is known for being one of the most violent areas on the South Side of Chicago. He is Brenda Rose’s fourth and final son, following Dwayne, Reggie, and Allan in order of birth. Rose was instructed in the fundamentals of basketball by three very skilled players who played the game locally and schooled him on local courts.

When Rose entered at Simeon Career Academy in 2003, he had already established himself as a highly desirable prospect for collegiate coaches. In spite of his notoriety, he participated in basketball for the Wolverines at the freshman and junior varsity levels. He wore the number 25 in memory of Ben “Benji” Wilson, an up-and-coming player who was shot and killed by a member of another gang during his senior season in 1984.

Rose made his decision to attend Memphis based on the institution’s track record of successfully placing players in the NBA as well as the possibility that Rod Strickland, a 17-year veteran of the league, will serve as a mentor to him. Rose went from wearing number 25 (which had been retired by the school in honor of Penny Hardaway) to wearing number 23, which was still in use.

The Memphis Tigers were given the top seed in the South Region. As a result of Rose’s heightened concentration on defense, Texas Longhorn player D. J. Augustin was forced to play a game with a poor shooting percentage in the Elite Eight, which won him significant accolades. In the Tigers’ game against UCLA in the Final Four, Rose finished with 25 points and 9 rebounds, leading his team to an 85–67 victory and a spot in the NCAA championship game against the Kansas Jayhawks. Rose was named the tournament’s Most Outstanding Player. On April 15, Rose made the announcement that he will not return to Memphis for his final three years of college and instead enter the 2008 NBA draft.

The 2007–2008 season of Memphis was declared null and void by the NCAA on August 20, 2009. It took the position that because Rose’s SAT score was nullified by the Educational Testing Service during Rose’s freshman year at Memphis, strict responsibility required that Rose be retrospectively deemed ineligible. This decision was made by the university. It was also ruled that even if there had been no issues about Rose’s test score, he still would have lost his eligibility in December 2007 due to the fact that Reggie Rose was granted permission to travel without payment.

The Chicago Bulls used the first pick in the 2008 draft to select Rose, making him the overall number one pick. He was given a spot on the United States Select Team, which would compete against the National Team and help it get ready for the Olympics in Beijing. Midway through the month of July, he participated in two games in the Orlando Pro Summer League before being sidelined by tendinitis in his right knee, which put an end to his summer. However, he made his comeback in October and played in all eight preseason games.

During the first game of the preseason, Rose suffered an ankle injury, which set the tone for the rest of his sophomore year. The rest of the preseason would be lost for Rose due to his injury. Rose got the start for the Bulls’ season opener against the Spurs in San Antonio, although he was only in the game for a few minutes. Rose’s ankle caused him discomfort for the majority of the month of November; but, when his ankle recovered, he was able to perform better.

Rose led the Bulls to victory over the Detroit Pistons with 39 points and 101 assists in their second game of the season on October 30, 2010. The Bulls won 101–91. A victory over the Portland Trail Blazers occurred two days following Rose’s contribution, and it was during that game that Luol Deng scored a career-high 40 points. Rose had supplied 13 assists. Rose led the Bulls to their first victory against the Los Angeles Lakers since December 19, 2006, when he scored 29 points and had 9 assists to lead the Bulls to the victory over the Lakers on December 10.

Rose renewed his agreement with the Bulls and increased his salary to $94.8 million over the course of five additional years in December 2011. The contract accounted for thirty percent of the Bulls’ salary cap, which was the utmost that was permissible according to a provision in the 2011 NBA Collective Bargaining Agreement known as the “Derrick Rose Rule”

Rose did not take part in any games during the 2012–13 NBA season despite the fact that he returned to full-contact practice in January 2013 and was given the all-clear to play by a doctor in March of that same year. In spite of Rose’s absence, the Bulls were able to proceed all the way to the Eastern Conference Semifinals, where they were ultimately eliminated by the Miami Heat, who went on to win the championship.

Rose made his debut in Chicago for the first time on October 16, 2013, competing against the Detroit Pistons. He finished the game with 22 points. He participated in the game as usual but had a poor shooting performance, going 4 for 15 from the field. Two days later, he played in his first official home game against the New York Knicks, and in that game, he hit the game-winning floater in an 82–81 victory for his team.

Rose suffered an injury to his right knee on November 22 while playing for the Utah Jazz against the Portland Trail Blazers. The following day, Rose underwent an MRI to establish that he had torn the meniscus in his right knee and that surgery was necessary. Rose made his return from injury to play for the Chicago Bulls in their season opener on October 29, 2014 against the New York Knicks. He played a total of 21 minutes and produced 13 points, along with five assists. On January 14, when the Washington Wizards were his opponent, he finished the game with a season-high 32 points scored.

Rose started the regular season with a face mask after suffering a fracture to his left orbital bone during the preseason. In a game against the Oklahoma City Thunder that took place on November 5, 2015, Rose shot 12-of-25 from the field and finished with 29 points, which was a season high at the time. After the Bulls surrendered a 10-point lead in the fourth quarter, it was during the final three and a half minutes of the game that this former MVP showed flashes of his former self by scoring 10 points to help elevate his team.

Rose, along with Justin Holiday and a second-round draft pick in 2017, was sent to the New York Knicks on the 22nd of June, 2016, in exchange for José Calderón, Jerian Grant, and Robin Lopez, who would become Rose’s future teammate. On October 25, when the Knicks played their first game of the season against the Cleveland Cavaliers, he made his debut with the squad.

Rose officially joined the Cleveland Cavaliers on July 25, 2017, after signing a contract with the team. Rose made his debut with the Cavaliers on October 17, 2017, when they faced the Boston Celtics in the first game of the 2017–18 NBA season. He scored 14 points in the Cavaliers’ 102–99 victory over the Celtics. Rose resigned from the team on November 24, 2017, so that he might reconsider his future in the NBA.

Rose was able to reunite with Tom Thibodeau, Jimmy Butler, and Taj Gibson after he signed with the Minnesota Timberwolves on March 8, 2018. Rose had a playoff scoring average of 14.2 points and played an average of 23.8 minutes per game for the Timberwolves, who were eliminated from the playoffs in the first round by the Houston Rockets with a score of 4-1. Rose officially became a member of the Detroit Pistons on the seventh of July, 2019.

In his first game with the Pistons, which took place on October 23, he scored 18 points, grabbed three rebounds, and dished out nine assists as the team defeated the Indiana Pacers by a score of 119–110. Rose was sent back to the New York Knicks on February 8, 2021, in exchange for Dennis Smith Jr. and a draft pick in the second round of the 2021 NBA Draft. This move brought him back together with his old colleague Taj Gibson as well as his coach Tom Thibodeau.

Rose was a significant contributor off the bench for the Knicks, helping them finish in fourth place in the Eastern Conference. He also finished third in the voting for Sixth Man of the Year. On August 18, 2021, the Knicks gave Rose a new agreement for $43 million that came with a contract extension of three years.

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