A total of $90 million is NBA player Derrick Rose Net Worth. Despite his height, Derek Rose is a very talented point guard. A veteran NBA salary of $2.1 million is currently earned by Derrick Rose.
His peak earnings for the Knicks were $21 million. An Adidas deal is his largest endorsement, earning him $12-15 million in a typical year. Derrick Rose won the Rookie of the Year award in 2009, the youngest player to do so to that point. He is represented by a former Bulls guard. B. J. Armstrong.
| Derrick Rose Net Worth: | $90 Million |
| Age: | 33 |
| Born: | October 4, 1988 |
| Gender: | Male |
| Height: | 1.91 m (6 ft 3 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Professional Basketball Player |
Introduction
NBA basketball player Derrick Rose plays for the New York Knicks. The Chicago Bulls drafted Rose in the 2008 NBA Draft after he played one year of college basketball.
During the 2011 NBA season, Rose became the youngest MVP award winner and winner of the Rookie of the Year award.
Approximately $90 million is Derrick Rose’s estimated net worth as of September 2022. Check out Best NBA Player with Long Hair where Derrick is on number 7.
Early Life
Born on October 4th, 1988, Derrick Martell Rose was raised in Illinois. Brenda Rose has three sons: Brenda’s oldest is Dwayne, her youngest is Reggie, and her youngest is Allan.
Basketball was their passion, and they thought Rose knew what he was talking about.
Chicago’s basketball circles began paying much more attention to Rose as his interest in basketball grew. He was therefore restricted from contacting people outside his family by his mother and brothers.
Career
Simeon Career Academy enrolled Rose in 2003. Sports Illustrated ranked him the fifth-best prospect in the nation entering his senior year.
As a result, he received a scholarship to play for John Calipari’s University of Memphis Tigers. Rose’s defense earned him high praise while he played for Memphis.
During the 2008 NBA draft, Rose was selected by the Chicago Bulls with the first overall pick. For the first time since Michael Jordan had achieved it, he scored 10 or more points in his first 10 games with the Bulls.
Rose joined Michael Jordan as the only Chicago Bulls player to receive the NBA’s Most Valuable Player award once again in 2011.
He became the youngest player to win the award when he was 22 years old. The 2015-2016 season was his final season with the Bulls.
The Knicks acquired him later in the trade. A knee injury sidelined Rose for the rest of the season in 2017. The Detroit Pistons signed him in 2019 and he became the first player in the franchise’s history to record seven consecutive 20+ point games.
Approximately $90 million is estimated to be Derrick Rose’s net worth as of September 2022.
Salary of Derrick Rose
According to Derrick’s earnings for the 2020-2021 NBA Season, he earned about $7.5 million. As part of his re-signing with the Knicks, he received $43,562,189 over the next 3 years. Over the course of the 2021-2022 NBA season, he is expected to earn $13,445,120.
Endorsements of Derrick Rose
The endorsements alone earn Derrick Rose around $15 million. As an endorsement, he has worked with Adidas, Adidas, Powerade, Skull Candy, Wilson, and NBA2K. A 14-year shoe contract worth $185 million was signed in 2012 between him and Adidas.
Although Rose’s career did not turn out as they had hoped when they hired him, the German apparel company continues to pay him millions to this day.
Aside from using a private jet, Rose also paid his brother Reggie $250,000 as a consultant and donated $150,000 to an AAU team of his choice as part of the deal. Rose was also one of the cover athletes for NBA 2K13 and an endorser of Wilson Sporting Goods, Skullcandy, and Powerade in addition to Adidas.
Investments of Derrick Rose
The Chicago-based pizzeria Giordano’s Pizzeria is part-owned by Derrick Rose.
House of Derrick Rose
The 84th-floor condominium in Trump Towers in Chicago has been purchased by Derrick Rose. Near the North Side is a 92-story building that houses the 3,102-square-foot unit.
Charity of Derrick Rose
It is clear from Derrick Rose’s statements that he wants to make a difference in society. By dedicating $400,000 to the cause, Rose created the ‘Rose Scholars program. Students will be able to pay their college tuition with the help of this program.
NBA Career
As the first overall pick in the 2008 draft, Rose was selected by the Chicago Bulls. As a result of his Olympic training and scrimmaging, he was selected for the United States Select Team.
Rose became the first rookie since Michael Jordan to score more than 10 points in his first 10 games. Rookie of the Year has only been won by Michael Jordan and Elton Brand twice.
His sophomore season with the Bulls was cut short by an ankle injury during preseason. As his ankle improved, so did his game. The first time he played was in the January 2010 All-Star Game.
In May 2011, he once again joined Michael Jordan in receiving the NBA Most Valuable Player award. At 22 years old, he was also the youngest recipient of the award. In December 2011, he signed a five-year extension with the Bulls worth 94 million dollars.
Rose missed the 2012-2013 season after tearing his ACL and undergoing surgery. During the 2015-2016 season, he played for the Bulls for the final time. A trade was made between Rose and the Knicks in 3016.
A torn meniscus in Rose’s left knee forced him into a fourth knee surgery in his nine-year career, which ruled him out for the remainder of the season. After signing with Cleveland, he played for the team for several months.
As a result of a three-team trade, he was acquired by the Utah Jazz one year later. The Jazz waived Rose two days later. The Minnesota Timberwolves signed him in March 2018 and re-signed him in 2018-2019.
A right elbow injury forced Rose to withdraw from the spring 2019 season. As a Detroit Piston, he recorded seven consecutive 20+point games in July 2019.
Personal Life
The song Derrick Jr. was born on October 9, 2012, to Rose’s girlfriend Meika Reese. Rose and two of his friends were involved in a federal civil lawsuit addressing allegations in August they sexually assaulted a former girlfriend.
In court transcripts, Rose’s accuser, known anonymously as “Jane Doe,” testified that Rose would sometimes get angry when she refused to perform sexual acts for him or involve other people in their sexual lives. A jury in October 2016 found Rose not liable, despite his difficulties with the definition of the term “consent.” He unsuccessfully appealed in 2018.
