In June, NBA point guard Derrick Rose quietly made news for signing on with the Memphis Grizzlies as a free agent. But when the details of his endorsement deal with Adidas recently resurfaced online, Rose was met with both criticism and support.
In 2018, Sports Illustrated shared the details of Rose’s 40-page contract with Adidas, per Bleacher Report. The contract revealed that Rose earned an annual retainer of $12 million from 2012 to 2017 and $11 million for the 2018 season. In all, it was around a total of $185 million.
In addition, the report detailed that Rose earned additional royalties to $6.25 million annually, $4.8 million in appearance fees, and the use of a private plane. But that’s not all: Rose’s older brother earned between $250,000 and $300,000 annually as a consultant while his best friend earned between $50,000 and $75,000 as a consultant.
The news recently resurfaced on the Instagram account “Images You Won’t See On TV,” and followers of the account are commenting.
“Yeah, I remember seeing this years ago. I think he may have a lifetime contract with Adidas too,” wrote one person. “This is exactly how you do it. Make the company pay and now you are putting your friends and family on. Love D Rose.”
“Smart man! Covering his family,” wrote another.
“…I know each situation can vary but typically you can trust close friends and relatives over strangers…I’ve heard so many stories of agents, lawyers, and accountants stealing money from athletes and entertainers,” said someone else. “I’d rather keep money circulating in the family try and create generational wealth.”
Other followers, however, criticized Rose’s endorsement deal and his ability to support his family.
“That’s the stupidest thing I’ve ever heard tell them to go get jobs,” one social media user wrote.
Rose reportedly has a current net worth of $90 million. Rose was drafted into the NBA in 2009, playing for the Chicago Bulls. That year he was voted “Rookie of the Year,” becoming the youngest player in the league to earn the recognition. Two years later, he was named the NBA’s Most Valuable Player. He played with the Bulls until 2016. He has played for the New York Knicks, Cleveland Cavaliers, Utah Jazz, Minnesota Timberwolves and Detroit Pistons. Rose has earned other considerable endorsements throughout his career, including through Wilson Sporting Goods, Skullcandy headphones, Powerade, Force Factor and Chicago Nissan.
Congratulations D-Rose! There’s nothing wrong with covering your family 🙏🙏
Good for him and his friends and family
What does it matter what his family get they must be handling business. Because we haven’t hard anything bad about his family stealing or not doing what they supposed to do. It’s always good to have good people in your corner. He looked out and they handling their business. That’s how it should be.
Rose was not drafted in 2009 it was 2008 and Beasley was the number 2 pick
Congratulations 🎉
Happy for you and family 🎉🎉🎉
Good for D. Rose, he deserves that and more.
Good. He’s looked out for his family as we all should do. Adidas is a private company that has agreed to his terms. Why would anyone care if it’s not their money being allocated this way.
I’m struggling to understand why in 2023 this is even a story! Who “resurfaces” an off-court endorsement story to make it appear nefarious. I guess “Images You Won’t See On TV” doesn’t have much else going for itself…
Rose is not the youngest to win ROY. He is the youngest to win MVP
That’s what he chose to do great thing mr.Rose Chicago supports you there should be many more like yourself in this world,that seems to want to criticize for helping another human!!!$$$ Stay Smart and Stay Strong D.Rose
Congratulations to Mr.Rose and his Family, I appreciate everything you done for Crete Monee Basketball Program, I got chance to Coach Nephew Wayne Rose.Great family
It’s his money
Great job! Family over everybody.
WHEN A WHITE MAN DO IT HE ALRIGHT BUT WHEN A BLACK MAN DO IT HE DOING SOMETHING WRONG.
HE PLAYS BASKETBALL TO TAKE CARE OF HIS FAMILY DOESN’T HE? STOP 🛑 HATING ON HIS HAPPINESS AND HIS PEOPLE TOO 💯 GOD BLESS YOU ALWAYS 🙏
The same people hating on D Rose are the same people who are surprised a Black Man loves , stays & takes care of his family …smh
Is this really newsworthy?
Nothing wrong with getn paid when there’s money on the table to get. & why not help family members to get some as well? One would have to be dumb not to help family 1st.
I love D. Rose & am so proud of him! Saw him at wake of young girl murdered in Englewood confirming all the good things I hear about him. Wising him the best & continued success. D. Rose is loved by the People!