Derrick Rose Net Worth 2022 – Salary, Income, Earnings

Derrick Rose Net Worth 

Derrick Rose has an estimated net worth of $90 million. Basketball star Derrick Rose became the youngest MVP in NBA history in 2011. He earns most of his income from his career as a basketball player and brand endorsements. 

Derrick Rose was the best point guard in the United States when he was in high school. Rose played for the University of Memphis for one year before he put his name in the 2008 NBA Draft. Rose was picked first overall by the Chicago Bulls. At the end of the 2010-11 season, he was named the NBA MVP, but his career soon went downhill as he dealt with a number of injuries.

To calculate the net worth of Derrick Rose, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Derrick Rose
Net Worth: $90 Million
Monthly Income: $500 Thousand+
Annual Salary: $7 Million
Source of Wealth: Basketball player, Athlete

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Early Years

Derrick Martell Rose was born in Chicago, Illinois, on October 4, 1988. Rose and his three older brothers grew up without a father in a rough part of Chicago called Englewood. Their strict but loving mother, Brenda, kept a close eye on them all the time.

Rose later told Sports Illustrated, “My mom would walk down the street and drag us home if she heard we were getting into trouble.” “Even the people who sold drugs would stop when they saw her coming and tell her where we were.”

The Rose family was close, and Derrick’s three older brothers, Dwayne, Reggie, and Allan, treated their youngest brother like a son. By the eighth grade, it was clear that Rose was a good basketball player. The point guard was a rising star in his home city because he moved quickly and had great court vision. His older siblings were always with him to protect him from outside interests. One or more of them would take him to and from school. They also went to his practices and made him pay if he did something wrong.

In 2003, Rose went to Simeon Academy in Chicago. He quickly became one of the best high school players in the country. His strong performance at the school led to many wins and awards. In his senior year, Rose, who was already known as the best high school point guard in the country, led Simeon to a 33-2 record and its second straight state title. He averaged 25.2 points per game. In the same year, Rose was named “Illinois Mr. Basketball” by the Chicago Tribune.

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College Career

It’s not surprising that college coaches couldn’t wait to get Rose on their team. In the end, the point guard decided to go to the University of Memphis and play for John Calipari, who is the coach there.

Rose didn’t take long to make his mark on college sports. In his one year at Memphis, the point guard led the Tigers to 38 wins, which is the most in NCAA history, and to the 2008 national championship game, where they lost to the Kansas Jayhawks in overtime.

Rose scored 18 points in the final game, proving that he is one of the best players in college. Soon after, he said he wanted to be in the NBA Draft. In June 2008, the Chicago Bulls, where he grew up, picked him with the first overall pick.

Rose did not have a perfect time at Memphis, though. Due to breaking NCAA rules, the school had to throw out the results of its 2007-08 season and go on probation for three years. Even though Rose wasn’t named by name in the NCAA report, he was the only player who fit the findings. The report said that Rose had someone else take his SAT so that he could meet the requirements for academic eligibility. Investigators also said that Memphis gave Rose’s brother Reggie $1,700 worth of free travel.

NBA MVP with the Chicago Bulls

In Rose’s first season in the NBA (2008-09), he averaged 16.8 points and 6.3 assists per game. He was named Rookie of the Year and led the Bulls back to the playoffs.

The point guard became one of the best all-around players in the game over the next three seasons. Rose had a great season in 2010–11, averaging 25 points per game. As a result, the NBA named him its Most Valuable Player (MVP). At 22 years and 191 days old, he was the youngest player to win the award.

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Injuries and Trades

Rose led the Bulls to the top spot in the East during the 2011-12 season, which was cut short by a strike. But in the first game of the playoffs, Rose got a bad knee injury that kept him out for the rest of the playoffs and the whole 2012-13 season.

Rose returned to the NBA at the start of the 2013–14 season. He only played 10 games before tearing the meniscus in his right knee, which happened again the next season and kept him out for a long time. In 2015-16, he was still healthy enough to play in 66 of the 82 games, but he only averaged 16.4 points per game.

Rose’s time with the Bulls ended in June 2016, when the Knicks got him in a trade. With the Knicks, he scored an average of 18 points per game, but he also caused a stir when he didn’t show up to practice in January 2017 and ended the season with another torn meniscus.

Rose then played for the Cleveland Cavaliers. Early in the 2017–18 season, he briefly left the team, reportedly because his injuries were making him think about retiring. In February 2018, he was traded to the Utah Jazz. Two days later, his new team let him go. The next month, Rose joined the Minnesota Timberwolves. He stayed with the team for the 2018-19 season.

Rose showed that he still had a lot left in the tank when he scored at least 20 points in a career-high 14 straight games after signing with the Detroit Pistons in July 2019.

Personal Life

Rose became a dad for the first time on October 9, 2012, when his longtime girlfriend, Mieka Reese, gave birth to a son, Derrick Rose Jr.

In 2016, a woman sued Rose and two of his friends in civil court, saying that they raped her. Rose was named in the lawsuit. After a two-week trial in October of that year, Rose was found not to be at fault.

At the beginning of 2018, it was said that Rose had married model Alaina Anderson in secret. The next year, he wrote a book about his life called I’ll Show You.

Further Reading

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