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The contract was 30 percent of the Bulls' salary cap, the maximum allowed under a rule dubbed the "Derrick Rose Rule" from the 2011 NBA Collective Bargaining Agreement. [89] On December 25, in the Christmas Day matchup against the Los Angeles Lakers , Rose scored 22 points on 9-from-13 shooting, and hit a game winning floater with 4.8 seconds ...
The salary cap for the 2022–23 season is $123.655 million (minimum team salary, which is set at 90 percent of the Salary Cap, is $111.290 million). [6] The league's newest CBA, which took effect with the 2023–24 season, requires teams to meet the 90% salary floor at the start of preseason training camp.
Larry Bird became the first player to earn $5 million or more with a salary of $7,070,000 in the 1991–92 season. Magic Johnson became the first player to earn $10 million or more in the 94–95 season with a salary of $14,660,000. Patrick Ewing became the first player to earn $15 million or more in the 95–96 season with a salary of $18,724,000.
CHICAGO — Derrick Rose, a Chicago native and city basketball legend in every sense of the word, is retiring from professional basketball. Rose, who grew up in Englewood on the city’s Southwest ...
Chicago Bulls guard Derrick Rose falls after being tripped while driving against the Boston Celtics in the first half of an NBA basketball game in Boston, Nov. 28, 2014.
Derrick Rose's last act as an NBA player came in the form of a letter to the game of basketball, addressing the highs and lows that he experienced over a 16-year pro career. Rose, the No. 1 ...
The mid-level exception was $5.585 million for the season and the minimum team salary, which was set at 75% of the salary cap, was $44.010 million. [61] For the 2007–08 season, the salary cap was set at $55.630 million ($3.05 million), the tax level was $67.865 million ($3.285 million) and the mid-level exception was $5.356 million ($229,000 ...
The No. 1 overall pick of the Chicago Bulls in 2008, guard Derrick Rose was a three-time All-Star for the Chicago Bulls, winning MVP honors in 2011.