Bulls working on contract for RoseContinue reading.
Derrick Rose not worried about contract
Bulls general manager Gar Forman said he plans to sign Derrick Rose to a contract extension that will keep him with Bulls for the foreseeable future.
“Derrick is the centerpiece of what we’re trying to put together here,” he said. “Obviously, we want Derrick to be a Chicago Bull for a long, long time. To us, it’s obviously very important that we put the right pieces around Derrick and he’s able to have success, that we have success, and that he remains a Chicago Bull. We’re talking to his representatives now and hopefully we’ll be able to get something done in a pretty short amount of time.”
As part of the new collective bargaining agreement, the “Derrick Rose Rule,” as it is being called, rewards players who have been voted to two All-Star games, made two All-NBA teams or have won an MVP Award by enabling them to make 30 percent of their team’s salary cap — up from 25 percent — after completing their rookie contract.
Rose can expect to sign a five-year extension for $100 million.
“If it was up to me I would sign quick but I’m not worried about that right now,” Rose said. “When the time comes I know I’ll sign.”