Knicks haven’t reached out to Derrick Rose about contract extension

Oklahoma City Thunder v New York Knicks

Normally when an NBA team trades for a star point guard the front office works to get the player a contract extensnion.

Not the New York Knicks and Derrick Rose.

The Knicks went out and got Rose from the Chicago Bulls hoping he’d be the guy to run the offense well while finally getting Carmelo Anthony some help. But it is clear the Knicks understand the serious gamble they just took.

Marc Berman of the New York Post explained:

According to an NBA source, the Knicks have not approached Rose about an extension, but have not ruled it out for late in the season. The Knicks apparently want to make sure his body holds up across a full season and would be willing to pay more this summer if they had to.

Berman went on to detail what options the Knicks have:

By CBA rules, Rose’s veteran extension can only be three years long and start at 7.5 percent higher than his current wage. The extension package would be for approximately three years, $75 million.

Rose has looked good so far, posting averages of 16.8 points and 4.9 assists per game. The team, though, is only 8-9.

The main point pertains to Rose’s health. He’s only 28, yet hasn’t played in 80 games since 2010-11, with a high mark of 66 over his past four seasons. If Rose puts up these numbers over a major chunk of this season, the Knicks will easily get him a new contract.

If not, the Knicks will need to go back to the drawing board when it comes to building the roster.

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