Knicks Rumors: Pros And Cons Of Re-Signing Derrick Rose

Nov 4, 2016; Chicago, IL, USA; New York Knicks guard Derrick Rose (25) reacts after making a shot against the Chicago Bulls during the second half at the United Center. The Knicks won 117-104. Mandatory Credit: David Banks-USA TODAY Sports
Nov 4, 2016; Chicago, IL, USA; New York Knicks guard Derrick Rose (25) reacts after making a shot against the Chicago Bulls during the second half at the United Center. The Knicks won 117-104. Mandatory Credit: David Banks-USA TODAY Sports /
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The New York Knicks are reportedly interested in re-signing Derrick Rose mid-season. These are the pros and cons of extending the polarizing point guard.


Nov 4, 2016; Chicago, IL, USA; New York Knicks guard Derrick Rose (25) reacts after making a shot against the Chicago Bulls during the second half at the United Center. The Knicks won 117-104. Mandatory Credit: David Banks-USA TODAY Sports
Nov 4, 2016; Chicago, IL, USA; New York Knicks guard Derrick Rose (25) reacts after making a shot against the Chicago Bulls during the second half at the United Center. The Knicks won 117-104. Mandatory Credit: David Banks-USA TODAY Sports /

The New York Knicks have received a pleasant surprise in the form of starting point guard Derrick Rose. Though he was expected to play well, few knew he had this level of explosiveness left in the tank after the injuries he endured.

As a result of his resurgent play, it’s been reported that the Knicks are considering re-signing Rose mid-season.

Rose is currently averaging 16.8 points, 4.9 assists, and 4.4 rebounds in 32.3 minutes per game. He’s doing so on a slash line of .438/.259/.885, has played all 17 games, and is committing just 2.7 turnovers per contest.

According to Marc Berman of The New York Post, the Knicks are considering re-signing Rose mid-season, although they are willing to pay him more during the offseason.

"According to an NBA source, the Knicks have not approached Rose about an extension, but have not ruled it out for late in the season. The Knicks apparently want to make sure his body holds up across a full season and would be willing to pay more this summer if they had to."

That’s a lot of information that needs to be broken down piece-by-piece.

New York sees an opportunity to secure its future by re-signing Rose mid-season. Allowing this information to be released makes some measure of sense, but there’s an aspect that doesn’t quite add up.

Why exactly would the Knicks pull their own negotiating power by informing Rose and the public that they’d be willing to pay more money this summer?

By letting that piece of information fly loose, the Knicks would lose the opportunity to play the market and request a hometown discount. Nevertheless, it’s entirely possible that New York will make an offer to Rose mid-season.

The question is: what would the pros and cons be of Phil Jackson and the Knicks potentially re-signing Rose?