Derrick Martell Rose (born October 4, 1988) is a former American basketball player. After one year at Memphis Tigers, he was drafted first overall by the Chicago Bulls in the 2008 NBA draft. Nicknamed “D-Rose”, he won NBA Rookie of the Year in 2009 and became the youngest NBA MVP in 2011.
Despite knee injuries, he played for several teams, including the New York Knicks, Cleveland Cavaliers, Minnesota Timberwolves, Detroit Pistons, and Memphis Grizzlies, retiring in September 2024.
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Derrick Rose Net Worth
Derrick Rose has a net worth of $90 million. Standing 6 feet 3 inches as a point guard, he currently earns the Veteran Minimum NBA salary of $2.1 million. At his peak, he earned $21 million with the New York Knicks. He typically earns $12-15 million annually from endorsements, including a notable deal with Adidas.
After being drafted by the Bulls in 2008, Rose signed a $1 million/year shoe deal with Adidas, later securing a potential $185 million contract and endorsements with brands like Wilson and Skullcandy.
Early life
Derrick Rose was born and raised in Englewood, a dangerous neighborhood on Chicago’s South Side. He is the youngest son of Brenda Rose, after Dwayne, Reggie, and Allan, all of whom were talented basketball players who mentored him on local courts.
As Rose’s skills grew, he gained attention in Chicago’s basketball scene, prompting his family to limit outside contact. His mother, fearing exploitation by street agents like former prospect Ronnie Fields, took steps to protect his path to the NBA.
Career
In the 2008 NBA draft, Chicago Bulls selected Derrick Rose first overall. He was named to the U.S. Select Team for Olympic preparations and became the first Bulls draftee since Michael Jordan to score 10+ points in his first 10 games. Rose won NBA Rookie of the Year and was named NBA MVP in 2011, becoming the youngest player to win the award.
After multiple knee injuries, he was traded to the New York Knicks in 2016, later playing for the Cleveland Cavaliers, Utah Jazz, Minnesota Timberwolves, and Detroit Pistons.
Personal life
Derrick Rose’s girlfriend, Meika Reese, gave birth to their son, Derrick Jr., on October 9, 2012. In August 2013, Rose was involved in a federal civil lawsuit regarding allegations of sexual assault by a former girlfriend, referred to as “Jane Doe”. She claimed that Rose made uncomfortable sexual requests and displayed anger when denied.
During the trial, Rose expressed uncertainty about the definition of “consent”. In October 2016, he was found not liable by an eight-member jury. An appeal to reopen the case in 2018 was denied.
What did Kobe think of Derrick Rose?
Kobe Bryant greatly respected Derrick Rose. In November 2010, the Lakers legend praised Rose after a private conversation, advising him, “I just told him to stay healthy and continue the job he’s doing.” Bryant also shared that he didn’t believe you could develop a “killer instinct,” acknowledging Rose’s natural talent and work ethic.
Conclusion
Derrick Rose’s journey from the challenging streets of Chicago to NBA fame and financial success is inspirational. His story exemplifies the power of determination and the ability to overcome adversity.
FAQs about Derrick Rose Net Worth
- What is Derrick Rose’s net worth?
- Estimated at $90 million.
- How did he accumulate his wealth?
- Through his NBA career and endorsements, including a significant deal with Adidas.
- Has his career been affected by injuries?
- Yes, injuries have impacted his career, but he has shown remarkable resilience.
- What was his highest earning in the NBA?
- His peak salary was around $21 million while playing for the Knicks.
- Is Derrick Rose still playing professionally?
- As of the last update, Rose continues to be an active player in the NBA.
