NBA Rumors: Derrick Rose's Future With Knicks Hanging In the Balance?
In June, one of the year's biggest NBA transactions took place when superstar point guard Derrick Rose was acquired by the New York Knicks in a multi-player trade.
Now, he is currently in the cusp of a possible contract extension. According to a report by ESPN.com, the 28-year-old Rose could be signed to a three-year extension that includes 7.5 percent increases beginning on December 22. The report clarified that the Knicks would only be able to offer a two-year extension with 4.5 percent increases due to the league's collective bargaining agreement.
Rose has so far put up some decent numbers this season. Through the 17 games he has played so far, he has averaged 16.8 points, 4.4 rebounds and 4.9 assists through 32.6 minutes of playing time per game. He is also the 14th highest-paid player this season with his salary at $21.3 million.
The Knicks have until July 1 of the coming year to decide, which at the time Rose turns into a free agent. If he chooses to sign an extension, his salary next season would be bumped up to $23 million. It is bound to increase the succeeding two years, where he is bound to earn $24.6 million and $26.2 million, respectively.
According to a report by the New York Post, an anonymous NBA source has yet to speak to Rose about the contract situation. As noted by the source, the team is looking to see if Rose would be able to play an injury-free season. But for his part, Rose says he is currently more about winning games for his team more than anything else.
"It's been more about winning games. We'll see. I'm more concerned with trying to win games, but it's something I'd have to talk about with my family and team," Rose told The Post.
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