Report: Bulls’ Rose agrees to 5-year extension

THE ASSOCIATED PRESS

CHICAGO — The Chicago Tribune is reporting that reigning MVP Derrick Rose has agreed to a five-year contract extension with the Chicago Bulls worth approximately US$94 million.

The Tribune cited anonymous sources in its report, which also said the new deal will start in the 2012-13 season, when Rose is eligible to make about $16 million.

Bulls spokesman Tim Hallam said he was unaware of the agreement. Rose’s agent B.J. Armstrong did not immediately return a message seeking comment.

Rose went from rookie of the year to all-star to MVP in his first three seasons, becoming the youngest player to win the latter award. About the only thing he doesn’t have is a championship ring, and that’s something he hopes to change in his fourth season.

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