Bulls sign Rose to extension

[jonathanlambert33]

It seemed like something out of a movie script the moment the Chicago Bulls took Derrick Rose with the No. 1 pick in the draft.

The latest twist? A maximum contract extension.

That's just another milestone in a rapid and steady rise for the point guard from the city's South Side to stardom with his hometown team.

The reigning NBA MVP agreed to a five-year contract extension with the Chicago Bulls worth approximately $94 million, according to the Chicago Tribune.

Rose got paid

 

[Pugz]

this rule is stupid but he was going to get max money regardless.

 

[bestkeptsecret13]

Isn't this actually a little bit of a discount?

I thought earlier reports said his max would be around 5 years / $104 million.

 

[Pugz]

i thought they had to opt out to get that kind of big money before.

 

[Giantmetfan07]

Right when I think i've figured out the CBA....

 

[elcheato]

Can someone explain this to me? You get more money if you opt out, rather then signing an extension in season? That gives players more incentive to hit free agency and see what big market teams await. Shouldn't the league be trying to prevent this?

 

[Giantmetfan07]

actually, I think if you opt out and resign with that same team, you get the most -- because of that team retaining your bird rights.

those sneaky, sneaky owners...