Derrick Rose has a team option with the New York Knicks next season and it sounds like the former NBA MVP will become an unrestricted free agent this summer.
Stefan Bondy of the New York Daily News said on “The HoopsHype Podcast” that the Knicks will not pick up Rose’s team option.
“Obviously, they’re not going to pick up that team option,” Bondy said. “And he’s going to hit free agency.”
Rose’s team option for next season is worth $15.6 million. The three-time All-Star fell out of the Knicks’ rotation this season, so it makes sense for New York to part ways with Rose, who has undergone four knee surgeries.
NBA NEWS & TRADE RUMORS: Derrick Rose & New York Knicks Updates
Michael Scotto of HoopsHype believes Rose could be a good fit for the Chicago Bulls, who drafted the Memphis product with the first overall pick in the 2008 draft. Rose averaged 19.7 points and 6.2 assists in 406 games with the Bulls from 2008-09 to 2015-16. He was named the youngest MVP in NBA history in 2011.
Lonzo Ball is expected to miss the entire 2023-24 season, so Rose could help the Bulls at the point guard spot.
“In my opinion, I think the Chicago Bulls make a ton of sense for Derrick Rose in free agency,” Scotto said. “It would be a nice homecoming for him towards the end of his career. We saw when he was back in town how beloved he is still by that fan base. They’ll be missing Lonzo Ball, and if they’re trying to compete and win, he’s an excellent bridge as a veteran mentor to some of the young guys on that roster, and I think he still has some gas left in the tank.”
NBA NEWS & TRADE RUMORS: Derrick Rose & New York Knicks Updates
Rose has career averages of 17.7 points and 5.3 assists with the Bulls, Knicks, Cleveland Cavaliers, Minnesota Timberwolves, and Detroit Pistons. He turns 35 in October.
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