Nix Plan to refuse Derek rose$15,596,339 Team option For 2023-24, reports Newsday’s Steve Popper (subscriber link).
As Popper writes, Rose was well-liked throughout the organization, particularly by the head coach Tom Thibodeau, but his role on the field in 2022-23 was almost non-existent after December, appearing in just one regular season game once in 2023. Still, the Knicks appreciated his leadership and the way he handled the bench, Popper adds. that he could still be reunited on a minimum salary deal if Rose can’t find an opportunity for more playing time.
New York had until midnight ET to decide on Rose’s choice, per Popper.
Overall, Rose recorded career lows in points (5.6) and minutes (12.5) per game across 27 contests. He posted a .384/.302/.917 shooting streak in his limited opportunities this past season.
Fred Katz of The Athletic confirms the news.Twitter links), indicating that it may not be as obvious a decision as it might seem on the surface. like Katz previously wrotePicking Rose’s option could have given the Knicks an opportunity to use him as a salary-matching piece in the trades, but now that has been dismissed as a possibility.
The 2010-11 League MVP and former first overall selection will become an unrestricted free agent capable of signing with any team. was before linked to Bulls and Bucks.
The Knicks will now have access to a full mid-level exception in free agency after Rose’s option was denied, Tweets Ian Begley from SNY.tv.