Bulls To Honor Derrick Rose vs. Knicks In January

According to NBA insider Shams Charania of The Athletic, the Chicago Bulls will honor Derrick Rose against the New York Knicks on January 4. 

Rose played for the Bulls and Knicks (twice).

The Chicago Bulls will honor former league MVP and Chicago native Derrick Rose against the New York Knicks on Jan. 4, according to @ShamsCharania

— Darnell Mayberry (@DarnellMayberry) October 1, 2024

In 406 games with the Bulls, Rose averaged 19.7 points, 3.7 rebounds, 6.2 assists, 0.8 steals and 0.4 blocks. He made three All-Star teams and one All-NBA team.  

In 2010-11, Rose made NBA history. He won the MVP Award, becoming the youngest MVP of all time. D-Rose averaged 25.0 points, 4.1 rebounds, 7.7 assists, 1.0 steals and 0.6 blocks.

Rose played for the Bulls, Knicks (twice), Cleveland Cavaliers, Minnesota Timberwolves, Detroit Pistons and Memphis Grizzlies. He finished his career with averages of 17.4 points, 3.2 rebounds, 5.2 assists, 0.7 steals and 0.3 blocks. 

The “Derrick Rose Rule,” which was created after Rose won his MVP while playing on his rookie contract, allows young stars in the NBA to qualify for a higher maximum salary–30% of the cap instead of 25%–early in their careers.

When players are eligible for rookie-scale extensions, they can qualify for the “Derrick Rose Rule” if they are named to an All-NBA team in the most recent season or two of the past three seasons, named Defensive Player of the Year in the most recent season or two of the past three seasons or named MVP in any of the past three seasons.

The “Derrick Rose” rule prevented the Boston Celtics from trading for Anthony Davis while Kyrie Irving was on the team since both stars signed contract extensions via the “Rose Rule.” While teams can have two “Rose Rule” players on the roster, both stars can’t be acquired by trade.

Since the Celtics traded for Irving from the Cavaliers in 2017, they would have been able to acquire Davis from the New Orleans Pelicans only if Irving was traded in the process.

Davis requested a trade from the Pelicans during the 2018-19 season and the Celtics were linked to the big man. The Los Angeles Lakers wound up trading for Davis in the offseason of 2019.