Knicks Set to Acquire Derrick Rose From Bulls

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Point guard Derrick Rose was the N.B.A.’s most valuable player in 2011 but played in only 100 games for the Bulls from 2011-2012 to 2014-2015.

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Christian Petersen/Getty Images North America

The Knicks and the Chicago Bulls agreed to a trade that will bring point guard Derrick Rose, who won the N.B.A.’s Most Valuable Player Award in 2011 before succumbing to a series of knee injuries that disrupted his career, to New York, the team said Wednesday.

The Knicks will send center Robin Lopez, guard Jose Calderon and guard Jerian Grant to the Bulls, while also acquiring guard Justin Holiday and a 2017 second-round draft pick from Chicago.

The acquisition of Rose, 27, addresses the Knicks’ glaring need for a quality point guard and adds another boldface name to a team that features forwards Carmelo Anthony and Kristaps Porzingis.

But many regard Rose’s best years to be in the past, as he has been a continual presence on the Bulls’ disabled list in recent seasons. He played in only 100 games from the 2011-2012 to the 2014-2015 season — sitting out the entire 2012-2013 campaign. He appeared in 66 games last season for the Bulls, averaging 16.4 points and 4.7 assists in 31.8 minutes per game.

He has one year left on his contract, which has a base salary of about $21.3 million for the 2015-2016 season.

Lopez, 28, started all 82 games for the Knicks last year, averaging 10.3 points and 7.3 rebounds per game. His departure could compel the Knicks to pursue a free agent big man in the coming weeks.

Calderon, 34, started 72 games for the Knicks, contributing 7.6 points and 4.2 assists. Grant, 23, was a first-round pick in the 2015 draft. He inherited the starting point guard job from Calderon in the final days of the Knicks’ 2015-2016 season, in which they finished 32-50.

The Knicks also announced on Wednesday that they had waived guard Tony Wroten.

Rose, who was born in Chicago and attended Memphis, won the 2009 Rookie of the Year Award and the 2011 M.V.P. Award. He was a physical dynamo in those years, employing a springy, slashing style in his signature drives to the hoop. He has made the All-Star team three times.

Injuries have kept him from re-establishing those heights. He tore the anterior cruciate ligament in his left knee in 2012, causing him to miss the entire 2012-2013 season. After that he required two surgeries to repair a tear in the meniscus of his right knee.

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