Derrick Rose Would Lose $70M On Adidas Deal If He Retires

Post #1 » by **RealGM Wiretap** » Fri Nov 24, 2017 8:18 pm

Derrick Rose is reportedly considering retiring from the NBA, but his contract with Adidas could be a factor in his decision.

Rose would leave more than $70 million on the table over the next six years from Adidas if he were to retire.

Rose signed a 13-year, $185 million deal with Adidas in 2012.

Via Nick DePaula/ESPN

kobe_vs_jordan · Post #2 » by **kobe_vs_jordan** » Fri Nov 24, 2017 9:14 pm

In short he ain't retiring.

DaddyCool19 · Post #3 » by **DaddyCool19** » Fri Nov 24, 2017 9:35 pm

Or maybe they agree on a buyout where he receives only a part of it. Couldn't he just act like he is active and join the G-League with rarely playing to receive his money if he had to?

hyberx · Post #4 » by **hyberx** » Fri Nov 24, 2017 10:22 pm

He is playing for the love of the game, 70 million reason why.

Pickled Prunes · Post #5 » by **Pickled Prunes** » Sat Nov 25, 2017 1:06 am

Has he been hanging with Larry Sanders?

shanghaifanzi · Post #6 » by **shanghaifanzi** » Sat Nov 25, 2017 3:33 am

there always another option like go to play in china, they would welcome him with open arms

alienpick · Post #7 » by **alienpick** » Sat Nov 25, 2017 4:34 am

DaddyCool19 wrote:Or maybe they agree on a buyout where he receives only a part of it. Couldn't he just act like he is active and join the G-League with rarely playing to receive his money if he had to?

Or just come back and ride the bench once IT returns, or heck, backup Calderon. He'd still get Adidas money on the bench. Adidas might not be stoked, but he'd still be in the NBA

Adam Stern · Post #8 » by **Adam Stern** » Sat Nov 25, 2017 5:33 am

Wasabi_Johnson wrote:In short he ain't retiring.

Basically

Fidel Sarcasmo · Post #9 » by **Fidel Sarcasmo** » Sat Nov 25, 2017 5:35 am

Adidas would save 70 million

TimRobbins · Post #10 » by **TimRobbins** » Sat Nov 25, 2017 7:11 am

What if he can't get a contract? Seriously, who is going to take him after this season?

Tim Reynolds · Post #11 » by **Tim Reynolds** » Sat Nov 25, 2017 8:38 am

TimRobbins wrote:What if he can't get a contract? Seriously, who is going to take him after this season?

If he doesn't officially retired, I'm sure he still gets paid. I doubt there's a clause in the contract that states if he isn't able to get an NBA contract that he loses his sponsorship money, but definitely one where if he walks away voluntarily he loses his sponsorship.

It just seems a far fetch for someone to predict that a 22yr old MVP would possibly not be able to get signed six years later.

DoItALL9 · Post #12 » by **DoItALL9** » Sat Nov 25, 2017 5:29 pm

He could be Team LeBron for at least 3 more seasons at vet minimum price tags I'd suspect, maybe more

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Simmons25 · Post #13 » by **Simmons25** » Sat Nov 25, 2017 11:55 pm

Damn. Adidas must have money burning a hole in their pockets. Why would you give this washed up dude $70 mill.

They could have spent over 3 times less than that and got a guy like Ben Simmons who signed with Nike for $20 mill

CobraCommander · Post #14 » by **CobraCommander** » Sun Nov 26, 2017 4:49 am

Adam Stern wrote:
Wasabi_Johnson wrote:In short he ain't retiring.

Basically

Exactly what his Mom, his agent, his girl and his friends said...YOU AINT RETIRING-

Adidas trying to throw him a retirement party...brought the balloons over and everything.

If im talking to Rose im like...YOU ARE NOT retiring NO MATTER WHAT! Play on playah! Do it for the kids...do it for the moneeeeeeeyyyyy

NormanDale · Post #15 » by **NormanDale** » Sun Nov 26, 2017 8:25 am

Welcome back to Cleveland, Derrick!

ermocrate · Post #16 » by **ermocrate** » Sun Nov 26, 2017 12:57 pm

He already have earned 230 millions over just 1 great season.

Sam195 · Post #17 » by **Sam195** » Mon Nov 27, 2017 3:01 am

Simmons25 wrote:Damn. Adidas must have money burning a hole in their pockets. Why would you give this washed up dude $70 mill.

They could have spent over 3 times less than that and got a guy like Ben Simmons who signed with Nike for $20 mill

He was the youngest mvp in nba history in his 3rd season age 22. He also at the time played in the nba's third largest market in Chicago behind NY and LA as the most popular face of the franchise since Jordan. Jordan brand was dominating that market more than anywhere else in America till Rose gave Adidas a spark similar to Curry's rise with Under Armour. Rose was also the most popular nba player in China in terms of sales & social media mentions ahead of Lebron, Kobe, Curry & Wade (who signed with Li-Ning) the entire time he was with the bulls even when he was injured - he dropped out after the Knicks trade. And the initial shoe contract was for 15 years 250M with incentives that could push it past 300M. It got scaled down to 13 years 185M once Adidas decided not to pick up a 2 year option in the backend very early because they realizeds Rose was not going to sell shoes into his late 30s like Kobe and Lebron. This report is wrong as Espn reported he has 70M and 8 years left on his deal.

This type of shoe contract (referred to as a lifetime (playing wise) deal) is also what TMAC had with Adidas and explained why he rode the bench with the likes of the Pistons, Hawks and Spurs his dying days because being signed by an nba team was the condition in order for him to get paid.