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-   -   Rose signs 5yr extension (http://www.raptorsforum.com/f/f6/rose-signs-5yr-extension-21615.html)

jeffb 12-20-2011 07:52 PM

Rose signs 5yr extension
It always kills me when players say they don't do it for the money.


Derrick Rose has agreed to his five-year, roughly $94 million contract extension and the Bulls plan to make the formality official either later Tuesday or Wednesday, sources told the Tribune.

The extension is for roughly $10-11 million more than Rose would've been eligible for under the previous collective bargaining agreement. However, a new rule, which has been nicknamed the "Derrick Rose rule" rewards players who outperform their rookie scale contract. Rose qualifies for one of the three stipulations by virtue of becoming the youngest most valuable player in NBA history last season.

The extension will begin in the 2012-13 season and is eligible to start near $16 million in the first year. Rose, 23, told the Tribune recently that he isn't focused on the financial windfall.

"I don't play for money," he said. "I play to win."
Derrick Rose: Derrick Rose agrees to five-year contract extension with Chicago Bulls - chicagotribune.com

Belsius 12-20-2011 08:08 PM

i would say this is one of the few cases were an athlete is being honest.

pzabby 12-20-2011 08:09 PM

and as soon as chicago starts looking chained down by bad contracts (somewhat) he screams for a trade to the say, raptors? ;) tis but a pipe dream

Someguy again 12-20-2011 08:39 PM

beautiful contract. fuck you chicago, lucky bastards

Toby 12-22-2011 09:20 AM

Jeremy 12-22-2011 09:24 AM

I'm usually pretty happy to see players re-sign with their team. Good for Rose and the Bulls .

creative1mm 12-22-2011 10:27 AM

he does it because he loves the game.. and if his play brings in lot's of money.. heck.. that's a bonus

Chiggmo 12-22-2011 11:58 AM

Sorry but they all do it for the money, or they wouldn't demand contracts that paid 10+ million dollars.

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