Veteran point guard Derrick Rose is set to become a free agent after the New York Knicks decided not to pick up his player option for 2023-24. The option would guarantee Rose a $15.6 million salary next season.
According to Fred Katz of The Athletic, the Knicks are still interested in bringing Rose back on a smaller contract.
Rose didn’t play much this past season, falling out of Knicks’ rotation at the start of the season. He only appeared in 27 games and averaged 5.6 points on 12.5 minutes per game.
Despite this, Rose is expected to receive interest from teams around the league, especially if he is willing to play on a minimum contract. In recent years, the 35-year-old showed that he could be a valuable role player, capable of running the second unit and providing burst from the bench.
One destination that is being mentioned is the Chicago Bulls, where Rose started his career. With Lonzo Ball being ruled out for the entire 2023-24 season, the Bulls could use a veteran like Rose to provide them depth in the guard position.
Rose was drafted by the Bulls as the first overall pick in the 2008 NBA Draft. He spent seven years in Chicago, winning an NBA MVP award in 2011 and earning three All-Star nods.
