New Details Emerge On Derrick Rose Release From Memphis Grizzlies

ESPN's Tim MacMahon reported the latest intel on the Derrick Rose release.

Mar 14, 2023; Portland, Oregon, USA; New York Knicks guard Derrick Rose (4) smiles during warm ups before a game against the Portland Trail Blazers at Moda Center. Mandatory Credit: Troy Wayrynen-Imagn Images / Troy Wayrynen-Imagn Images

On Monday, Shams Charania of The Athletic reported the shocking news that the Memphis Grizzlies were waiving Derrick Rose.

The 2017 MVP had been coming off a solid year where he averaged 8.0 points, 1.9 rebounds and 3.2 assists per contest while shooting 46.1% from the field and 36.6% from the three-point range in 24 games.

Just In: The Memphis Grizzlies are waiving former NBA MVP Derrick Rose, sources tell @TheAthletic. pic.twitter.com/VkLqZDYC3X

— Shams Charania (@ShamsCharania) September 23, 2024

SNY's Ian Begley then provided more context.

Via Begley: "My understanding on Derrick Rose, per sources familiar with the matter: Memphis let Rose out of his contract. Look for Rose to prove an update on what’s next for him later this week."

My understanding on Derrick Rose, per sources familiar with the matter: Memphis let Rose out of his contract. Look for Rose to prove an update on what’s next for him later this week.

— Ian Begley (@IanBegley) September 23, 2024

Now, ESPN's Tim MacMahon has reported the latest update on Rose's situation.

Via MacMahon: "Derrick Rose will not receive any of his salary after the Grizzlies waived him upon his request. No cap hit for Memphis."

Derrick Rose will not receive any of his salary after the Grizzlies waived him upon his request. No cap hit for Memphis.

— Tim MacMahon (@espn_macmahon) September 24, 2024

Many fans have speculated this could be the end of Rose's career.

@sp0rt1llum1n8s: "Transitioning to a Grizzlies front office or coaching role... maybe."

Transitioning to a Grizzlies front office or coaching role... maybe.

— Sp🏀rtScape (@sp0rt1llum1n8s) September 24, 2024

@jesswilder711: "Sign a one day deal with the Bulls to retire in Chicago then go to a front office somewhere?"

Sign a one day deal with the Bulls to retire in Chicago then go to a front office somewhere?

— Jess Wilder (@jesswilder711) September 24, 2024

@BillyReinhardt: "Why would Derrick Rose ask for his release and forfeit his salary rather than simply retire?

Prediction: Rose will sign a one-day/training camp contract with his hometown Chicago Bulls to retire with the franchise who drafted him"

Why would Derrick Rose ask for his release and forfeit his salary rather than simply retire?

Prediction: Rose will sign a one-day/training camp contract with his hometown Chicago Bulls to retire with the franchise who drafted him https://t.co/3NZulXg6Lv

— Billy Reinhardt (@BillyReinhardt) September 24, 2024

Rose had an incredible start to his career that saw him make three NBA All-Star Games (and win an MVP) in his first four seasons.

There is good reason to believe he will be a Basketball Hall of Famer one day.

Mar 10, 2024; Oklahoma City, Oklahoma, USA; Memphis Grizzlies guard Derrick Rose (23) during team introductions before their game against the Oklahoma City Thunder at Paycom Center. Mandatory Credit: Alonzo Adams-Imagn Images / Alonzo Adams-Imagn Images

The Grizzlies will play their first game of the season on October 23 against the Utah Jazz (in Salt Lake City).