Free-agent point guard Derrick Rose has reached an agreement on a one-year deal with the Cleveland Cavaliers, according to ESPN and multiple reports.
It is a veteran minimum salary of $2.1 million, sources said.
The defending Eastern Conference champions met with Rose and his agent, B.J. Armstrong, on Monday. The 2011 MVP is expected to sign his contract as early as Tuesday.
Cleveland not only allows Rose to contend for a championship, but it furthermore provides Rose the opportunity to play near his hometown of Chicago.
Additionally, in the wake of the news that Kyrie Irving wants out of Cleveland, a starting point guard spot could be up for grabs. Provided Irving secures his request, Rose’s partnering up with LeBron Jamescould keep the Cavaliers afloat as a contender.
Rose has communicated with James through the process that led him to the Cavaliers, league sources told ESPN’s Adrian Wojnarowski.
On Monday night, James took to Twitter to welcome his new teammate.