- Lance, Please Back Out Of Tour
- Singh Not Wearing Stanford At Tournament
- Companies Behind Murray Have a Lot To Gain
- Hall Of Fame Suit Lists Revealing Numbers
- Sports Poker Event Trying To Buck Recession
- Billy Mays — He Left the World Knowing He Sold It
- NBA Draft: By The Numbers
- Vijay Singh Offers To Pay Stanford's Bail
- Is "The Big Pierogi" Next For Shaq?
- Singh Will Continue To Stick By Stanford
RSS FEED
|
CNBC'S MOST SHARED
- 'We're in the Middle of a Crash': Black Swan
- The Rising Mountain of Debt May Be the Next Crisis
- SEC May Reinstate Rules for Short-Selling Stocks
- Latvian Banker Taking Souls as Collateral
- The Worst Expected 2010 State Budget Gaps
- Alaska Governor Sarah Palin Will Resign
- Malaysia PM Speaks to CNBC
- Cuddle Parties Heat Up
- Charting Gold & Crude Oil
- Fireworks At Pharma's Market
- Value of Warren Buffett's Annual Gift to Gates Foundation Falls Along With Berkshire's Stock
- Michael Jackson: The Music And The Money
- Five Stock Picks for This Market
- Realities of the New Obama Refis
- Weak Dollar Means Gold at $1,040: Strategist
- Court Ruling Could Mean Trouble for TiVo
- Lance, Please Back Out Of Tour
- TeleMedicine Gets An Apple App Store Facelift
- Top Videos: From the Black Swan to the Bond King

- Property Tax Appeals Take Toll on Governments
- Obama Plan Would Trim Back Financial Powerhouses
- Schwarzenegger Signals Key Budget Concession
- Car Dealer Determined To Fight Chrysler Over Franchise
- For Banks, Wads of Cash and Loads of Trouble
- Biden: 'We Misread How Bad The Economy Was'
- The Rising Mountain of Debt May Be the Next Crisis
- For Australian Winemakers, More Turns Out to Be Less
- Top Videos: From the Black Swan to the Bond King

Two informed sources told me on Sunday night that University of Memphis guard Derrick Rose is about to name his agent. And somehow it's not going to be Leon (no relation) Rose.
No, instead, Derrick Rose -- who took his Memphis Tigers all the way to the National Championship Game and could be the No. 1 overall pick -- is going to pick Arn Tellem of the Wasserman Media Group to represent him in the NBA Draft in June.
![]() |
AP |
Tellem, who is already representing the Lopez brothers from Stanford as well as Anthony Randolph from LSU, didn't return a call seeking comment.
This was a shock because Derrick Rose was so connected to William Wesley, who had steered clients towards Leon Rose, agent of LeBron James and Allen Iverson.
Turns out that although Wesley is well connected to Derrick Rose, his brother Reggie Rose was still running the show. So the assumption that there was a deal in place the entire time, that Wesley's connection with Derrick and friendship with Memphis coach John Calipari would yield a contract with Leon Rose and his Creative Artists Agency, was actually a faulty assumption.
According to these sources, Reggie Rose didn't let that happen. After the season was over, Reggie reopened negotiations with agents and eventually was leaning towards Tellem after believing that Tellem would make his brother the most most money in the end.
I'm not usually in the business of reporting who signs with who because one day it's with this guy, the next guy it's with another guy. But this one was particularly interesting. Hopefully tomorrow I don't hear that Derrick Rose actually has changed his mind and is going to be represented by Leon (no relation) Rose.
If Rose is picked first in the NBA Draft, he will receive a guaranteed three-year contract worth $15,553,440. Rose's shoe deal could be worth more than that.
Questions? Comments?











