July 4, 2018, 1:51 pmDerrick RoseG, Minnesota Timberwolves
The Wolves have officially resigned Derrick Rose, but the terms have not been released.
Rose signed with the Wolves as free agent back in March of last season and played well as Jeff Teague's backup. In 25 games he averaged 8.4 points on 43.5 shooting. The veteran also excelled in the playoffs averaging 14.2 points and 50 percent from the field during the Wolves first round matchup against the Rockets. This move hurts the value of 22-year-old Tyus Jones who will have to fight with Rose for backup minutes.
Source: Timberwolved PR on Twitter