Knicks Rumors: New York considering Derrick Rose sign-and-trade – Daily Knicks

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The New York Knicks may lose Derrick Rose to free agency. Some in the front office are considering a sign-and-trade to get assets back.

The New York Knicks took an ambitious chance during the 2016 offseason by trading for point guard Derrick Rose. Team president Phil Jackson took on Rose’s one-year contract in order to evaluate a former league MVP who was still south of 30 years of age.

After the one-year experiment garnered mixed reviews, however, it appears as though New York is exploring other options.

Rose is currently an unrestricted free agent, and he’s garnering interest from teams other than the Knicks. With the possibility existing that New York could lose him for nothing in return, general manager Steve Mills is evaluating a more rewarding alternative.

According to Ian Begley of ESPN New York, the Knicks are interested in executing a sign-and-trade that would net assets in exchange for Rose.

That’s not a guarantee that something of the sort will transpire, but it could be an option if the team that signs Rose has limited cap space.

Rose will meet with the Milwaukee Bucks to discuss a potential contract on Monday, July 3. Milwaukee still has its non-taxpayer mid-level exception worth $8,406,000, as well as its bi-annual exception worth $3,290,000.

If Rose wants a bigger salary, however, the Bucks will likely be forced to explore a sign-and-trade route in order to acquire him.

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That’s where New York could potentially capitalize on Rose’s departure.

Milwaukee has a strong core in place with Giannis Antetokounmpo, Khris Middleton, and Jabari Parker. It also has promising young players such as Malcolm Brogdon, Thon Maker, Tony Snell, and D.J. Wilson.

The Knicks’ interest in said players is unclear, but there are rumblings that Milwaukee would be willing to part ways with either Matthew Dellavedova, John Henson, Greg Monroe, or Mirza Teletovic.

The New York Knicks will be looking for a decent return, which may include a draft pick, for point guard Derrick Rose.