Knicks Trade Rumors: NY Wants to Keep Derrick Rose Amid Donovan Mitchell Buzz

Written by on August 6, 2022

Derrick Rose (Mark Blinch/Getty Images)

The New York Knicks reportedly “want
to hang onto” point guard Derrick Rose despite rumors his contract
could be important in the team’s pursuit of Utah Jazz shooting guard
Donovan Mitchell.

Tony Jones of The Athletic reported
Friday on the HoopsHype podcast the Knicks and Jazz haven’t been
close to an agreement on Mitchell throughout the
offseason, and that remains the case with several sticking points,
including Rose being a “favorite” of head coach Tom Thibodeau and
the team’s hesitation to include young players on team-friendly

New York has been the most frequently
mentioned possible landing spot for Mitchell, a three-time All-Star,
but discussions have been sluggish.

That’s actually been the case around
the NBA ever since the Minnesota Timberwolves paid a high price,
headlined by four first-round picks and a pick swap, to acquire
defensive cornerstone Rudy Gobert from the Jazz.

Now every front office must weigh
offers for their players against that package, which also included
impact veterans Patrick Beverley and Malik Beasley.

It’s no surprise the Jazz would want
something similar for Mitchell. In this case, they’re targeting the
likes of Obi Toppin, Immanuel Quickley and Quentin Grimes from the
Knicks, per Jones.

New York has remained hesitant
throughout the offseason about going all-in to acquire a marquee
name, though.

In mid-July, SNY’s Ian Begley reported
the Knicks’ front office was concerned “there wouldn’t be enough
left on the roster to field a contending team” if it paid a king’s
ransom for a player like Mitchell.

The key question may be whether the
Jazz are totally focused on starting a full-scale rebuild, which
would receive another boost from a monster return for Mitchell, or if
they’re OK keeping him while the roster reconstruction continues.

Jones reported it’s the latter, at
least at the current stage.

“They don’t feel like they have to
trade Mitchell or are obligated,” he said on the HoopsHype
podcast. “They don’t feel an urgency to trade him. They think they
have multiple roads back to being the team they were a couple of
years ago.”

There also isn’t any contract pressure,
as Mitchell’s deal runs through 2024-25 with a player option for

So the Jazz are in a position where
they can demand interested teams pay their price, and so far the
Knicks haven’t shown a willingness to part with that many assets.

As for Rose, he’ll likely be ticketed
for a smaller role this season following the free-agent signing of
Jalen Brunson to run the team’s offense, but he could still provide
valuable minutes off the bench while being a mentor for the team’s
young players.

The 2010-11 NBA MVP is entering the
final guaranteed season of his three-year, $43.6 million contract,
though the Knicks hold a club option for 2023-24.

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