Derrick Rose to get $200,000,000 payday from shoe deal



“We played Monopoly with real cash,” urban poet Shawn Carter reminisced, during his poem “I love the Dough;” a collaborative effort with the late, great fellow urban poet Christopher Wallace. The reigning MVP Derrick Rose already got his from the Chicago Bulls, the contract extension he signed in the preseason is worth $20 million a year.

However, it’s chump change compared to what Rose is going to get from Adidas.

According to a Yahoo, Rose “agreed to a 13-year deal to stay with Adidas that guarantees him $185 million. The deal includes incentives that could push the deal to more than $200 million, a source said.

Derrick signed the deal in Orlando yesterday, as he prepares to start for the Eastern Conference in the NBA All-Star game tonight. Singer-songwriter Bret Michaels once said “every rose has its thorn.” I guess the thorn in this rose is trying to find an investment bank with enough perpetuities and annuities to invest all the money in.

Paul M. Banks is CEO of The Sports, an official Google News site generating millions of unique visitors. He’s also a regular contributor to Chicago Now, Walter, Yardbarker, and Fox Sports

A Fulbright scholar and MBA, Banks has appeared on live radio all over the world; and he’s a member of the Football Writers Association of America, U.S. Basketball Writers Association, and Society of Professional Journalists. The President of the United States follows him on Twitter (@Paul_M_BanksTSB) You should too.


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