Derrick Rose net worth in 2019. how did he attain his fame and success? Read on to find out the impressive secrets behind Derick Rose salary, earnings, investment, net worth and success story.
Who is Derick
Derrick Rose is an American professional basketball player who has a net worth of $85 million. He is an Olympic Gold Medalist with several other personal accolades received in his career playing in the NBA. He currently receives the Veteran Minimum NBA salary of $2.1 million. At his peak, he earned $21 million playing for the Knicks.
|Net Worth||$85 Million|
|Source of Wealth||Basketball, Endorsements|
|Date of Birth||4 of October 1988|
Derrick Martell Rose was born on the 4th of October 1988 to a single mother named Brenda Rose, in Chicago, Illinois. He grew up in Eaglewood Illinois, one of the most hostile neighbourhoods of the southside of Chicago. He was the last of four sons of Brenda. His three older brothers – Dwayne, Reggie, and Allan played basketball so it made it easy for Derick to get the hang of it playing with his brothers at nearby courts. In 2003, he enrolled at Simon Carter Academy after becoming the most talked-about high school basketball player. He went on to help his school lift their second state title during his senior year in 2007. This achievement earned him the name ‘Illinois Mr Basketball’.
He attended the University of Memphis for an opportunity to be sent to the NBA. After just one year of playing basketball, Derick averaged 14.9 points, 4.7 assists, and 4.5 rebounds per game in the regular season before reaching the NCAA Championship finals where his team lost to Kansas.
Rose began playing basketball from high school and was the most talked-about player. After his graduation, he received numerous offers from different schools, including the University of Illinois. After due consideration, he decided to go to the University of Memphis (due to higher chances of being sent to the NBA). He was outstanding in his first season, reaching the NCCA finals with his team, but lost to Kansas.
Rose opened for the 2008 NBA Draft and was drafted by the Chicago Bulls with the first overall pick. He then went on to win different monthly rookie awards which earned him the ‘Rookie of the Year’ Award. Derrick Rose continued to impress, and by his second season was named an All-Star, with his growing popularity. He had the 4th-bestselling jersey in the league and by the end of the 2010-2011 season, he was named MVP.
The following wasn’t all good for him as he was plagued by an injury(a torn ACL) in the first game of the 2012 playoffs. That marked the beginning of his long battle with injury as he was out for the entire 2012-2013 season. Rose returned after sitting-out the 2012-13 season to play in the 2013-14 season. Sadly, he injured his right knee meniscus a month later and had to be dropped off the team for the rest of the season. He made his comeback in October of 2015, but got hit with another injury and was sidelined for the rest of that season.
Derrick Rose was later transferred to the New York Knicks in 2016 with the prospect for a good season. And again, he suffered another injury blow and was transferred to the Cleveland Cavaliers at the end of the season.
There are rumours that rose had married his long-time girlfriend Alaina Anderson, a model. The couple got engaged in 2018. Derick welcomed his first child, his daughter Layla, in April 2018 with Anderson. Derrick Rose also has a son named after him which he had with his ex-girlfriend, Meika Reese, a stylist, designer, and the founder of Rich Girl Candy. The boy was born in October 2012.
How Did He Amass so much Wealth?
Derrick Rose who is a former NBA MVP has an estimated net worth of $85 million. He earned his fortune from his huge salaries, bonuses, and contract deals. But, the majority of his fortune he owes to the massive endorsement deals he has made over the years.
Derrick Rose currently earns the veteran minimum salary of $2.1 million a year having previously taken home around $21 million per year during his time with the Knicks. He also signed a deal in 2012 with sports giant Adidas which will see him get paid $10 million upwards per year for 14 years. When compounded, the deal could ultimately be worth a whopping $185 million.
As of 2019, Derrick Rose has an estimated net worth of $85 Million
Awards and Recognitions
In his career as a professional basketball player, Derrick Rose has won the following awards and received the following recognitions* He was voted “Rookie of the Year”, becoming the youngest ever player to earn that honour. * He was ranked 5th Best Prospect in the Nation by Sports Illustrated. * He became the youngest ever player to win the Most Valuable Player Award in 2011.