Report: Bulls’ Rose agrees to 5-year extension
Posted December 20, 2011 9:46 pm.
This article is more than 5 years old.
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.