Sports Update 

Derrick Rose wants to own an NBA team one day

Being with Tom Thibodeau for most of his career may have dissuaded veteran New York Knicks guard Derrick Rose from entering the world of coaching when he hung up his sneakers.

Rose, 34, revealed in an interview with The Athletic’s Shams Charania that he’s more inclined to own a stake in an NBA team than to patrol the sidelines in his post-playing career.

“I don’t know. I feel coaching is a real big responsibility. And with my family now, I would say it’s my biggest responsibility. I make sure I’m there, give them my time, give them my life. I try to figure out life with them, buy land, build a bed, organize myself as a man. I’ve formed Even a family can pass on this wealth from generations.

Derrick Rose via The Athletic

One of those responsibilities was to tell the former MVP that he was no longer part of the rotation.

Thibodeau and Rose had one of the most enduring player-coach relationships not only in the NBA but in all of basketball. They’ve been together at every Thibodeau training stop – from Chicago to Minnesota and now New York. Therefore, the conversation between him and Thibodeau about pitching him in favor of second-year player Miles McBride wasn’t as difficult as it was with other players of his stature.

“He was a regular convo. He just said he was going with Deuce (McBride), and I told him I got it. I’m cool with Deuce — like cool with Deuce. I spent Thanksgiving with him last year, all of it. I got close to his family. And to be in My position, there’s no way I hate or loathe the minutes he gets, especially when he’s playing the way he plays and he’s producing. I’ve just been playing my part in cheering him on, being a professional, and leading by example. Just be a professional about it.”

Derrick Rose via The Athletic

Now a cheerleader and part-time coach of young Knicks players, Rose still believes he has more in his locker. And whether his next opportunity still comes in New York this season or elsewhere will be calculated before the February 9 trade deadline.

But when his playing days are over, he still wants to be a part of the basketball that has given him so much wealth.

“I’m on property. I feel like I’ve saved enough. It’s not like I need a loan, I’m fine. So I’m waiting. I’m biding my time.”

Derrick Rose via The Athletic

Rose’s net worth is estimated at approximately $90 million, per, which tracks the net worth of athletes and celebrities and aims to help motivate and inspire others to improve their lives and live their lives on their terms.

No. A first overall pick in 2008, Rose has made more than $150 million over his playing career, including his current three-year contract with the Knicks that pays him $14.5 million this year. Aside from his NBA salary, Rose has had major endorsement deals throughout his career, which include Adidas, Adidas, Powerade, Skull Candy, Wilson, and NBA2K. After becoming the league’s youngest player in 2011, Rose signed a 14-year, $185 million contract with Adidas.

It takes billions to buy an NBA franchise, not just hundreds of millions. The Phoenix Suns are about to be sold around $4 billion. But Rose can still do that by partnering with an ownership group or buying a minority stake.

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