Knicks News: Derrick Rose wants five-year, $150 million contract to stay in New York; Phil Jackson eyeing Jrue Holiday as a cheaper option

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NBA, NBA Rumors, Derrick Rose, Jeff Hornacek, New York Knicks
Derrick Rose (Photo Courtesy: Jumpy News/Flickr)

Derrick Rose expressed his intention to play for the New York Knicks for the rest of his life. However, his asking price could be too much for the Knicks to bring him back next summer.

In the recent offseason, the Knicks managed to make a huge upgrade on their roster. President Phil Jackson surrounded Carmelo Anthony and Kristaps Porzingis with quality players like Derrick Rose, Joakim Noah, Courtney Lee, and Brandon Jennings. The Knicks somehow made a good start and projected to enter the playoffs.

However, in 39 games, they are now 17-22 in the 11th spot in the Eastern Conference. The Knicks faced different issues, including the triangle offense, Jackson-Anthony rift, and the most recently, when Rose went AWOL. Before their game against the New Orleans Pelicans, the Knicks listed him as one of their starters but he didn’t show up.

Rose’s failure to inform the organization created various speculations. Some reports claimed that he’s away from the team because of his rift with Knicks head coach Jeff Hornacek. However, Derrick Rose shut down all the theories in an interview.

“It had nothing to do with the team or basketball,” Rose said. “That’s the first time I ever felt like that emotionally, and I had to be with my family.”


Because of the incident, Rose’s future with the Knicks becomes uncertain. Rose is set to become an unrestricted free agent next summer. The 28-year-old guard already stated that he plans to re-sign with the Knicks.

However, his price could be too much for the Knicks to bring him back. According to Ian Begley of ESPN, sources close to Derrick Rose revealed that he’s seeking a max contract next summer.

“And then there is the potential price tag. Some close to Rose have told friends he will seek a max contract this summer. For Rose, that pact would be for five years and nearly $150 million,” Begley reported.

As Begley notes, the Knicks need to use nearly all their cap space to give Rose a max contract. President Phil Jackson is reportedly interested in acquiring incoming free agent Jrue Holiday, whom they could get for a cheaper price than Rose. His performance in the ongoing season will show if he deserves a maximum contract in the upcoming free agency.

Photo Courtesy: Jumpy News/Flickr

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