Former New York Knicks guard Derrick Rose signed a one-year, $2.1 million deal with the Cleveland Cavaliers on Monday, according to The Vertical's Shams Charania.
Rose, who completed his physical on Monday, according to Charania, spoke with LeBron James throughout the process, according to ESPN's Adrian Wojnarowski.
The 28-year-old Rose, who underwent surgery in April to repair a torn meniscus, earned $21 million with New York last season. He averaged 18 points, 4.4 assists and 3.8 rebounds in 64 games.
While he expressed his desire to remain a Knick to former team president Phil Jackson and agent B.J. Armstrong in June, the Knicks were not among the teams he was seriously considering, according to the New York Post's Fred Kerber.
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Rose isn't the star player that he used to be. He hasn't played a full season since 2010-11, battling injuries through most of his career, even missing 18 games last season. That said, this is still a steal of a deal for the Cavaliers at $2.1 million. Ron Baker, who backed up Rose for part of last season, will now make nearly double what Rose will make in the 2017-18 season, after Baker signed a two-year, $8.9 million deal a few weeks ago. Welcome to a wild 2017 NBA offseason.
Rose was still effective last season, averaging 18 points per game while shooting the highest free throw percentage of his career (87.4 percent). This signing pretty much locks in the fact that Kyrie Irving will soon be traded. The Cavs now have two former Knicks point guards in Rose and Jose Calderon. Trading Irving will be easier to swallow now that they have a couple of capable point guards at their disposal. Rose's injury history will be something to monitor should a potential Irving trade go down. The Cavs will need to get a young guard in any deal back to have an insurance option if (and when) Rose has to sit out.