Memphis Grizzlies have decided to waive veteran Derrick Rose 

Veteran guard Derrick Rose has been waived by the Memphis Grizzlies ahead of the 2024-25 season, as reported by Shams Charania of The Athletic. Rose, now 35, spent just one season in Memphis after signing a two-year, $6.5 million veteran minimum contract in the 2023 offseason. His return to the city where he starred in college for the Memphis Tigers was highly anticipated, but injuries limited his impact. 

Rose played in only 24 games, averaging 8 points, 3.3 assists, and 1.9 rebounds in 16.6 minutes per game, as knee, hamstring, back, and groin issues derailed his season. After being deactivated in March, Rose's season came to an early close. According to Ian Begley of SNY, Rose was released from his contract, suggesting an amicable parting, with Rose expected to share his future plans soon.