It’s no secret that Derrick Rose hasn’t been putting up the numbers that earned him an NBA MVP award in 2011, and a giant Adidas contract extension as a reward. A slew of injuries as well as off-court legal troubles have plagued Rose in the years since, calling in to question just how much Adidas is getting for its money.
New details of that contract have leaked, which paints an even more bleak picture of the brand’s return on investment.
Sports Illustrated’s Jon Wertheim reports that among the numbers found in the 40-page contract are details of a $12 million annual retainer from the 2012-2013 season through the 2016-17 campaign, and another $11 million for 2017-18. Additionally, Wertheim says it includes “annual royalties of up to $6.25 million per year, as much as $4.8 million in annual appearance fees, and use of a private plane”.
Rose himself isn’t the only one on the payroll. His older brother Reggie makes $250,000 to $300,00 per year, along with best friend Randall Hampton pocketing $50,000 to $75,000, both for “consulting.”
Interestingly, clauses requiring Rose make to make All-Star teams and to not miss more than 41 games would have allowed Adidas to make deductions to the amount owed to the player, however were nullified by him making additional promotional appearances. Adidas chose not to pursue morality clauses in connection to the rape trial Rose faced, and was cleared of.
It appears that "Pooh" may have chosen correctly after all.
Adidas has not responded to a request for comment.
