Derrick Rose: A Closer Look At The NBA Legend

What's Derrick Rose's Net Worth and Salary?

Let’s talk about Derrick Rose. This American basketball superstar has built a net worth of $90 million, and that’s not all. Standing at 6 feet 3 inches, Rose has become a force to be reckoned with on the court. He currently earns $7 million annually as a veteran NBA player, but back when he was at his peak with the New York Knicks, he was pulling in $21 million a year. Beyond his on-court earnings, Derrick rakes in an additional $12-15 million annually through endorsements, with Adidas being one of his biggest partners. In fact, his journey to the top began early—way back in 2009 when he was named Rookie of the Year, making him the youngest player to achieve that honor at the time. His agent? None other than former Chicago Bulls guard B.J. Armstrong.

Early Beginnings

Derrick Rose's story begins in Englewood, Illinois, on October 4, 1988. Born into one of Chicago's toughest neighborhoods, he grew up in a family of basketball enthusiasts. Brenda Rose, his mom, had already raised three talented basketball-playing sons—Dwayne, Reggie, and Allan—before Derrick came along. They were the ones who introduced him to the sport, teaching him everything they knew right there on the neighborhood courts. His upbringing wasn’t easy, but it laid the foundation for his future success.

High School and College

By the time Derrick reached high school, he was already making waves. Enrolling at Simeon Career Academy in 2003, he quickly became a standout player. Despite his talent, Rose started out playing freshman and JV basketball for the Wolverines before making his mark. By his senior year, he was ranked as the fifth-best prospect in the nation by "Sports Illustrated." His performance didn’t go unnoticed, catching the eye of University of Memphis coach John Calipari, who recruited him after seeing him play in an AAU game. Derrick chose Memphis because of its reputation for sending players to the NBA. During his time there, Rose's defensive skills earned him praise, and he was named to the All-Final Four team after averaging 20.8 points, 6.5 rebounds, and 6.0 assists per game. After that impressive season, Rose decided to forego his final three years of college and enter the 2008 NBA draft.

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The NBA Journey

The Chicago Bulls selected Derrick Rose with the first overall pick in the 2008 draft, and from there, his career took off. He was even selected for the U.S. Select Team to help prepare the National Team for the Beijing Olympics. Rose quickly became the first Bulls draftee since Michael Jordan to score 10 points or more in his first 10 games. The accolades kept rolling in, as he was named Rookie of the Month repeatedly, eventually earning the title of Rookie of the Year. He joined an elite group, including Michael Jordan and Elton Brand, as the only Bulls players to achieve this honor.

His sophomore season wasn’t without challenges, though. An ankle injury sidelined him during the preseason, but as he recovered, his game improved. In January 2010, he earned his first All-Star Game selection. A year later, in May 2011, he was named the NBA Most Valuable Player, again placing him in the same league as Michael Jordan in Bulls history. At just 22 years old, Derrick became the youngest MVP ever. He inked a five-year contract extension with the Bulls worth $94.8 million in December 2011. However, injuries soon became a recurring theme. A torn ACL in 2012 kept him off the court for the entire 2012-2013 season. After his final season with the Bulls in 2015-2016, Derrick was traded to the New York Knicks. Unfortunately, knee injuries continued to plague him, leading to multiple surgeries. Despite the setbacks, Rose kept bouncing back, playing for teams like the Cleveland Cavaliers, Utah Jazz, Minnesota Timberwolves, and eventually the Detroit Pistons, where he set franchise records.

Endorsements and Partnerships

Rose's success on the court translated into lucrative deals off it. After joining the Bulls in 2008, he signed a shoe deal with Adidas worth $1 million annually. By 2012, Adidas upped the ante with a deal that could be worth $185 million over 14 years. His partnerships extended beyond footwear to include brands like Wilson Sporting Goods, Skullcandy headphones, Powerade, Force Factor sports drinks, and even a suburban Chicago Nissan dealership.

Breaking Down the Adidas Deal

• Overall deal value: $185 million over 14 years
• Annual payment: Approximately $12 million
• Additional perks: $5 million per year for appearances and private jet access
• Royalties: Up to $6.5 million annually based on sales
• Family involvement: His older brother earns $250,000 per year as a consultant, and his childhood best friend gets $75,000
• Tragic twist: Just 64 days after signing the contract, Derrick suffered a torn ACL, altering his career trajectory forever.

Personal Life

Off the court, Derrick’s personal life has had its ups and downs. In 2012, he became a dad when his girlfriend, Meika Reese, gave birth to their son, Derrick Jr. However, the following year, he faced a legal challenge when a former girlfriend, referred to as "Jane Doe," accused him and two friends of sexual assault. The trial brought uncomfortable details to light, including Rose's struggles with understanding consent. Thankfully, an eight-member jury found him not liable in October 2016, and a subsequent appeal to reopen the case in 2018 was denied.