The New York Knicks have landed Derrick Rose as the team's new point guard in a trade with the Chicago Bulls, the team announced. It was first reported by Adrian Wojnarowski.
The Knicks will send Robin Lopez, Jerian Grant and Jose Calderon to Chicago in the deal.
New York gets Rose, Justin Holiday and a 2017 second-round pick, the team said.
"Derrick is one of the top point guards in the NBA who is playoff-battle-tested," new Knicks head coach Jeff Hornacek said in a release. "He adds a whole new dynamic to our roster and immediately elevates our backcourt."
Rose, who is set to become a free agent after next season, was beset by injuries -- including two knee surgeries -- from 2011 to 2015. He missed the entire 2012-13 season, played in just 10 games in 2013-14, and 51 games in 2014-15.
Rose played in 66 games this past season, averaging 16.4 points and 4.7 assists per game.
Holiday, 27, is a 6-foot-6 shooting guard and averaged 4.5 PPG in 14.6 minutes.
The Knicks also waived Tony Wroten, they announced along with the signing.
"This is an exciting day for New York and our fans," Hornacek said.
First things first: while Rose may not be the player he once was as the 2011 NBA MVP, he still exhibited signs of being a good and respectable player this past season. His health was almost the best it's been in as many as four years.
He immediately not only becomes the most high profiled point guard the Knicks have had since Stephon Marbury (a near decade), but also the most talented one as well. In trading for him, they fill a need in a major way. That's regardless of whether or not Rose quite lives up to the expectations that people had for him years ago.
Lopez was not only a strong financial signing by the Knicks, but a steady one with regard to talent as well. This obviously creates a new hole in the front court. That said, perhaps Phil Jackson and Co. feel better about the team's prospects, re: reeling in a quality big man via free agency than they would have a talented point guard instead.
What's more, moving Lopez could also mean that Jeff Hornacek is intrigued about going small with a more run and gun style offense. This is obviously what he preferred to do in Phoenix. For New York, this could lead to more Carmelo Anthony at the four, and Kristaps Porzingis seeing more playing time at the five.
Enduring that Calderon departed in any deal this offseason should be considered a victory in its own right. In parting with Grant, one could argue that the Knicks have given up on the prospect a bit prematurely. Still, such a deal should be a huge statement that the team is dedicated to winning now, even as they prepare for the future with Porzingis.
This is a move that Anthony almost certainly must approve of, for what it's worth.
As we've said Rose on a one year deal is worth the risk, losing Lopez and the prospect in Grant hurts, but in deals like this you have to give to get. It will take time to see if it works and you can bet the team will look to add another big time name as free agency hits.
Dwight Howard and Noah are certainly real possibilities.