What is Derrick Rose Net Worth 2024: Career Earnings, Adidas Deal, and Salary

Derrick Rose has remained a prominent figure in the NBA, not just for his skills on the court but also for his financial success.

As of 2024, Derrick Rose net worth reflects a combination of lucrative contracts and endorsement deals, most notably with Adidas.

At Aupeo, we delve into how he has maintained his wealth over the years despite injuries that affected his career. From his early days with the Chicago Bulls to his significant Adidas deal, his financial journey is remarkable.

We’ll explore the core elements that contributed to his wealth, focusing on his NBA career, endorsements, and salary.

Quick Facts

What is the Net Worth of Derrick Rose in 2024?

As of 2024, Derrick Rose net worth stands at an impressive $90 million. Despite facing multiple injuries that hindered his prime playing years, Rose’s financial success continues to grow.

His net worth is largely attributed to his NBA salary, most notably during his time with the Chicago Bulls and New York Knicks, as well as his extensive endorsement deals, especially with Adidas.

Compared to other notable players in the league, Rose’s financial standing is commendable. For context, here are a few other individuals related to Derrick Rose in the world of basketball and endorsements:

• Michael Jordan
• LeBron James
• Chris Paul
• Kemba Walker
• John Calipari
• Memphis Grizzlies
• New York Knicks
• Cleveland Cavaliers
• Adidas
• Wilson Sporting Goods

If you’re interested in learning more about the top earners in the NBA, check out the wealthiest players in the league here.

Salary and Finance Overview

His NBA Career Earnings and Contracts

Derrick Rose has earned millions throughout his career, starting with a remarkable rookie contract after being drafted by the Chicago Bulls in 2008. Rose’s initial deal set the stage for a financially rewarding career, but it was his MVP season in 2011 that catapulted him into higher-earning brackets.

His extension with the Bulls in 2011, valued at $94.8 million over five years, was a key financial milestone. Rose was the youngest MVP in NBA history at just 22 years old, and his salary reflected this achievement.

His NBA salary continued to be substantial even after being traded to the New York Knicks, where he earned a peak salary of $21 million.

Rose has since played for teams like the Cleveland Cavaliers, Minnesota Timberwolves, and Detroit Pistons, with his earnings adjusting based on his role and performance. Currently, he earns the NBA veteran minimum salary of $2.1 million.

His Endorsement Deals: The Adidas Partnership

The most lucrative deal of Rose’s career has been with Adidas, a partnership that began in 2008. His initial $1 million per year deal transformed into a groundbreaking contract in 2012, which could potentially be worth up to $185 million over 14 years.

Adidas pays him $12 million annually, with additional bonuses based on sales and appearances. This contract also includes payments to his brother and childhood friend, demonstrating how Rose’s endorsements extend beyond just himself.

Apart from Adidas, Rose has inked deals with brands like Wilson Sporting Goods, Powerade, and Skullcandy, adding millions more to his yearly income.

These endorsements have ensured that even when injuries sidelined him, Rose’s financial portfolio continued to grow.

His Achievements and Their Financial Impact

Rose’s accolades, including being named NBA Rookie of the Year in 2009 and winning the MVP award in 2011, significantly boosted his financial value.

These achievements not only increased his salary with the Chicago Bulls but also positioned him as one of the most marketable players in the NBA.

Companies were eager to work with a player of Rose’s caliber, especially with his “hometown hero” narrative, hailing from Chicago and playing for the Bulls. This combination of talent, marketability, and awards played a pivotal role in his financial success.

The Effect of Injuries on His Financial Earnings

Rose’s career has been marked by unfortunate injuries, starting with his torn ACL in 2012. While these injuries certainly affected his playing time and contracts, Rose’s endorsement deals, particularly with Adidas, remained intact.

His resilience and determination to come back after every setback have kept him relevant both on and off the court. Despite four major knee surgeries, Rose’s brand remained strong, allowing him to continue earning millions even when not playing.

His Philanthropy and Business Ventures

Outside of basketball, Rose has dabbled in philanthropy, giving back to his community in Chicago.

Though there’s limited public information on his business ventures, it’s clear that Rose has focused on building a financial legacy both for himself and his family, ensuring long-term stability.

FAQs About Derrick Rose

What teams has he played for in his NBA career?

He has played for the Chicago Bulls, New York Knicks, Cleveland Cavaliers, Minnesota Timberwolves, Detroit Pistons, and currently the Memphis Grizzlies.

How tall is he?

He is 6 feet 3 inches tall.

How many MVP awards has he won?

He has won one MVP award in 2011.

How many children does he have?

He has one child, Derrick Rose Jr.

What is his relationship status?

He is currently dating Meika Reese.

What are his major endorsement deals?

His most notable deal is with Adidas, along with other deals from Wilson Sporting Goods, Powerade, and Skullcandy.

When did he win NBA Rookie of the Year?

He won NBA Rookie of the Year in 2009.

What injury affected his career the most?

His torn ACL in 2012 had the most significant impact on his career.

Which college did he attend?

He attended the University of Memphis.

Has he ever won an NBA championship?

No, he has not won an NBA championship.

Conclusion

We hope this detailed look into Derrick Rose’s financial journey was insightful. If you enjoyed the content, feel free to leave a comment, share it, or explore more celebrity finance articles on aupeo.com.