Reports from ESPN indicated that the Cleveland Cavaliers are pushing hard to sign Rose to a one-year contract, which would establish him as the back-up point guard to Kyrie Irving as the Cavaliers try to overcome the Boston Celtics in the Eastern Conference.
Cleveland, which previously signed 35-year-old point guard Jose Calderon to a league-minimum deal, has limited options when it comes to attempting to gain ground on the defending champion Golden State Warriors.
Derrick Rose's market value has been stuck in a downward spiral since his knee injury in 2012. He played in 64 games for Chicago in 2015-16 and 64 for NY last season, all of them as a starter.
Rose averaged 18.0 points, 4.4 assists, 3.8 rebounds, and 2.3 turnovers per game last season for the Knicks.
Rose didn't choose to play for the Knicks, and was traded to NY in exchange for big man Robin Lopez and guard Jerian Grant last summer. Rose is no longer thought of as a franchise player, nor as a point guard that fits the kind of basketball most teams envision.
Signing Derrick Rose would certainly add a consistent scoring threat and playmaker to Cleveland's bench.
The Knicks probably will need to get a point guard through a trade.
Staying with the Knicks gives Rose one more season to salvage his career and boost his value to other teams. The Lakers have the full $4.3 million room exception and can promise Rose more playing time. However, Rose still a career low from deep at 21 percent.
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