Reports: Derrick Rose finally gone, traded to Knicks

Staff Report 

The high-on-promise, low-on-results Derrick Rose-era of Chicago Bulls basketball is over. The oft-injured and now mostly bad point guard was sent to the New York Knicks Wednesday in a multi-player deal.

First reported by the Tribune’s K.C. Johnson, the Bulls packaged Rose with Justin Holiday and a 2017 second-round draft pick. In return, the Knicks have sent Robin Lopez, Jerian Grant and Jose Calderon to Chicago.

Rose, a Chicago native, was the 2009 Rookie of the Year and 2011 MVP before a series of injuries and personal rifts derailed his career. He missed the entire 2012-2013 season following a knee injury sustained in the playoffs the prior season. Since then, Rose has played just 127 of 246 regular season games for the Bulls.

The three-time all-star averaged 19.7 points and 6.2 assists over his eight years in Chicago. Two of his last three seasons with the Bulls saw the former University of Memphis standout post a negative Value Over Replacement Player, or VORP, according to

The trading of Rose likely means that talk of guard Jimmy Butler moving to the Minnesota Timberwolves to join former coach Tom Thibodeau is on hold. Butler signed a five-year extension last year worth $95 million.

The Bulls – having now shed the last year of Rose’s $100 million contract, along with Joakim Noah leaving for free agency and Pau Gasol likely to opt out of the final year of his deal – will now look to next year’s free agency class with an eye to rebuild the team around Butler.

Lopez, with three-years left on a four-year $55 million deal, is the only high-dollar player the Bulls picked up in the deal. Calderon has just one-year left on his contract at $7.7 million, while Grant only has one guaranteed year left on his deal at $1.6 million.

The NBA salary cap will climb to a record high this year following the signing of a nine-year, $24 billion broadcast contract with ESPN and TNT in 2014.

You might also like

Enjoy The Rock River Times? Help spread the word!