The New York Knicks re-signed guard Derrick Rose to a contract on Wednesday.

Terms of the deal were not disclosed, however ESPN previously reported it is a three-year, $43 million contract.

Rose, 32, averaged 14.9 points and 4.2 assists over 35 games (three starts) with the Knicks after being acquired in a trade from the Detroit Pistons on Feb. 8.

"Derrick's arrival last season played a major role in our team's success and the culture we instilled," Knicks president Leon Rose said in a statement. "He continues to be a great player and teammate and is an extension of Coach (Tom) Thibodeau on the court. We look forward to him being a key piece of our team moving forward."

Rose has averaged 18.5 points and 5.5 assists per game over 13 seasons for five different teams. He was the No. 1 overall pick by the Chicago Bulls in the 2008 NBA Draft and league MVP following the 2010-11 season.

--Field Level Media

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