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[Saba Sports News] The Derrick Rose era in Memphis has officially ended.
On Monday, Shams Charania of The Athletic reported that the Grizzlies have waived the former MVP guard after just one season. Rose, who turns 36 next month, had signed a two-year deal last summer but was set to earn just $3.4 million next season. According to Ian Begley of SportsNet New York, Memphis opted to release Rose from his contract.
Rose was brought in as a veteran mentor for Ja Morant, but that plan didn’t pan out as Morant only played nine games last season due to injury and suspension. Despite limited playing time, Rose still posted solid per-minute stats (8.0 points and 3.3 assists in 16.6 minutes per game).
With 15 seasons under his belt, Rose has hinted at his NBA future, leaving fans curious about his next move.