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NBA News & Rumors: Derrick Rose, Knicks Could Reach Long-Term Agreement before Next Summer

By | Nov 30, 2016 12:17 AM EST
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New York Knicks point guard Derrick Rose

Derrick Rose could stay in New York for the long term.(Photo : Getty Images)

Derrick Rose and the New York Knicks are still feeling each other out if a potential long-term agreement could happen in the future. All things are pointing towards a fruitful union so far this season.

Right now, the Knicks can already secure the former NBA MVP to a two-year extension with 4.5 percent increases in salary each season. Starting Dec. 22, Rose will become eligible to a three-year extension with 7.5 percent wage increases per year, according to league rules.

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However, Rose admitted that he and the club are still not talking about it, saying that the two sides are focusing on the task at hand of trying to make the team qualify to the playoffs in April, according to the New York Post. It is something that the Knicks has not done in the last three seasons.

"I haven't talked to them about it," said Rose. "It's been more about winning games. We'll see. I'm more concerned with trying to win games, but it's something I'd have to talk about with my family and team."

According to the Post, the Knicks "want to make sure his body holds up across a full season" before they decide whether to offer him a lucrative long-term deal or let him go in free-agency.

So far, Rose has played and started all of the Knicks' 17 games, averaging 16.8 points, 4.4 rebounds, and 4.9 assists per game in 32.6 minutes of playing time per night. He is shooting a decent 43.8 percent from the field but has been dismal from the three-point area with a 25.9 percent clip.

CBS Sports reported that Rose is fitting in with Knicks head coach Jeff Hornacek's system which means that the three-time NBA All-Star could make New York his "permanent home" for the foreseeable future.

The report noted, though, that an extension is "unlikely to happen" since Rose can earn more by re-signing in the summer. He is set to receive $21.3 million this season and it could go as high as $29 million a year if he waits out for free-agency.

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