Derek rose SNY’s intends to sign a multi-year agreement with the Memphis Grizzlies Ian Begley First reported on Friday evening like NBA free agency Received a tip.
The 34-year-old guard, the first overall pick in the 2008 draft and MVP in 2011, has spent the past three seasons with Nix.
New York acquired Rose, who originally spent the 2016-17 campaign with the Knicks, in a February 2021 deal. Dennis Smith Jr and a second round pick to the Detroit Pistons.
Rose was a key contributor off the bench as the Knicks finished the 2020-21 season fourth in the Eastern Conference, averaging 14.9 points and 4.2 assists over 26.8 minutes through 35 regular season games (three starts).
Nix Rose’s contract extension for three years and $43 million in August 2021.
His role decreased throughout the 2021-22 and 2022-23 seasons, however, as he averaged 8.7 points in 18.4 minutes over 53 regular season games (four starts).
New York declined Rose’s team option for the 2023-24 season last Saturdaymaking him an unrestricted free agent.
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