Derrick Rose, Bulls Agree on 5-year Extension

By on December 21, 2011 in

The Chicago Bulls and Derrick Rose recently agreed on a contract extension worth $94 million to keep the reigning MVP in Chicago for the next five years. Rose led the Bulls to a 62-20 regular season record last year, eventually falling to the Miami Heat in the Eastern Conference Finals 4-1.

“Obviously, Derrick is a very, very talented basketball player, but he’s been so much more than that,” said Bulls general manager Gar Forman. “Derrick’s makeup, his character, his drive, his desire, his work ethic and his leadership, not only on the floor, but in our community, have meant so much. And probably the greatest asset about Derrick Rose is his loyalty. Derrick has been very committed to his teammates, to this organization and to his hometown of Chicago.”

Rose has gone from Rookie of the Year to All-Star to MVP in his first three pro seasons, becoming the youngest player ever to win the MVP award. The Bulls will begin their 2011-2012 regular season campaign on the road for four games, opening against the Los Angeles Lakers Christmas Day. Check back for additional NBA updates.


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