Derrick Rose Net Worth

How much is Derrick Rose Worth?

in Richest AthletesNBA Players
Derrick Rose net worth:
$85 Million

Derrick Rose's Salary

$14 Million

Derrick Rose net worth and salary: Derrick Rose is an American professional basketball player who has a net worth of $85 million. Derrick Rose currently earns the Veteran Minimum NBA salary of $2.1 million. At his peak, he earned $21 million playing for the Knicks. In a typical year he earns $12-15 million from endorsements, most notably an Adidas deal. Rose stands 6 feet 3 inches tall and is a point guard. In 2009, Derrick Rose was voted "Rookie of the Year", the youngest player to that point to ever earn that honor. Derrick Rose was born and raised in Englewood Illinois, one of the most dangerous neighborhoods on Chicago's South Side. He was Brenda Rose's fourth son after Dwayne, Reggie and Allan, but the first in seven years. All three were talented basketball players who taught Rose the in and outs of basketball on nearby courts. By the time Rose enrolled at Simeon Career Academy in 2003, he was a hot commodity for collegiate coaches. Despite his reputation, he played freshmen and JV basketball for the Wolverines. Entering his senior year, Rose was ranked the fifth best prospect in the nation by Sports Illustrated. On December 20th, 2011, Derrick signed a 5 year $94 million contract extension with the Chicago Bulls. After being drafted by the Bulls in 2008, Rose signed a shoe deal with Adidas for $1 million per year. In 2012 he signed a deal with Adidas that ultimately could be worth $185 million. He has also signed deals with Wilson Sporting Goods, Skullcandy headphones, Powerade, Force Factor sports drinks and a suburban Chicago Nissan dealership. His agent is former Bulls guard, B. J. Armstrong. Rose was traded to the New York Knicks in 2016 and signed with the Cleveland Cavaliers in 2017.

Adidas deal insights:

– $185 million overall deal value over 14 years
– Adidas pays him around $12m per year
– He is given an additional $5m per year for appearance fees and access to a private jet for transportation
– Can earn up to $6.5m per year in royalties based on sales
– Contract pays Derrick's older brother $250k per year as a consultant
– Contract pays his childhood bff $75k as a consultant
– 64 days after signing the contract, Derrick tore his ACL and has never been the same.

 

Derrick Rose Net Worth

Derrick Rose

Basketball player
Date of Birth
Oct 4, 1988 (29 years old)
Profession
Basketball player, Athlete
Nationality
United States of America
Height
6 ft 3 in (1.91 m)
Weight
190 lbs (86 kg)
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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