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New York Knicks: Pros and Cons of potentially re-signing Derrick Rose

By Maxwell Ogden

Feb 25, 2017; New York, NY, USA; New York Knicks guard Derrick Rose (25) handles the ball against Philadelphia 76ers during second half at Madison Square Garden. The New York Knicks defeated the Philadelphia 76ers 110-109.Mandatory Credit: Noah K. Murray-USA TODAY Sports
Feb 25, 2017; New York, NY, USA; New York Knicks guard Derrick Rose (25) handles the ball against Philadelphia 76ers during second half at Madison Square Garden. The New York Knicks defeated the Philadelphia 76ers 110-109.Mandatory Credit: Noah K. Murray-USA TODAY Sports /
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Mar 1, 2017; Orlando, FL, USA; New York Knicks guard Derrick Rose (25) shoots between Orlando Magic center Nikola Vucevic (9) and guard Elfrid Payton (4) during the second half of an NBA basketball game at Amway Center. The Nicks won 101-90.Mandatory Credit: Reinhold Matay-USA TODAY Sports
Mar 1, 2017; Orlando, FL, USA; New York Knicks guard Derrick Rose (25) shoots between Orlando Magic center Nikola Vucevic (9) and guard Elfrid Payton (4) during the second half of an NBA basketball game at Amway Center. The Nicks won 101-90.Mandatory Credit: Reinhold Matay-USA TODAY Sports /

Pro: Affordable Contract

In 2016-17, Derrick Rose played out the fifth season of his five-year, $94,314,380 million contract. He made $21,323,252 in base salary and roughly $14 million in endorsement deal money, per ESPN.

Fresh off of making upwards of $35 million in 2016-17, Rose will enter free agency with an open mind as to just how much money he’s willing to play for.

Rose isn’t the average 28-year-old free agent. He’s made a hefty sum of money during his NBA career, namely due to the MVP award he won in 2010-11 and the subsequent Derrick Rose Rule. He will now prioritize fit over income.

According to Yaron Weitzman of Bleacher Report, Rose’s agent insinuated that his client is willing to take a pay cut in order to re-sign with the Knicks during the summer of 2017.

That was before the Knicks drafted Frank Ntilikina, but it remains a possibility worth exploring for New York.

Rose made $21.3 million in 2016-17. For New York, the ohpe may be that he’ll take roughly $15 million per season. Phil Jackson would likely need to bring that number down even further due to New York’s limited cap space, but the Knicks have an opportunity to make a move here.

The question is: Just how low is Rose willing to go in order to remain with the Knicks and help the organization maintain a measure of financial flexibility?