More Videos
- One-on-One With UFC's Dana White
- Will LeBron Dunk Tape Ever Be Released?
- What You'll See On My NASCAR Documentary Tonight
- Amazing Cycling in France For Make Glorious Nation of Kazakhstan
- Gatorade Makes Limited Edition Jordan Bottles
- Staples To Cash In On Jackson's Funeral
- Lacoste Runs Full Page Ad With Roddick Loss
- Is Andy’s Mojo Back? We Asked Him
- Lance, Please Back Out Of Tour
- Singh Not Wearing Stanford At Tournament
RSS FEED
|
CNBC'S MOST SHARED
- Unemployed? Bored? Make Money Playing Beer Pong
- The Highest Grossing (Inflation Adjusted) Movies of All Time
- Warren Buffett's Top Three Investment Rules for the Average American
- Merrill's McCann Seen as UBS Wealth Frontrunner
- Geek Squad V. Gizmodo
- Social Networking's 'Naked' Truth
- Eric Schmidt on Government Scrutiny and Economic Recovery
- Dykstra Discusses Bankruptcy
- Why the Credit Pendulum Is Stuck at 'Stupid'
- Eric Schmidt on Government Scrutiny and Economic Recovery
- Market 360: The Week's Best & Worst
- Geek Squad V. Gizmodo
- Brandt: Google Chrome OS in the Post-PC Age
- Other People Are Weirder Than We Are
- Bank Failures: Is The Nightmare Over? (Video)
- California Here I Go? No.
- Roginsky: No More Mr. Nice Guy
- Commercial Conundrum
- Why the Credit Pendulum Is Stuck at 'Stupid'
- Cheney Told CIA to Withhold Information: Report
- 'Bruno' Fashions Top Spot at US Box Office
- Stimulus Will Kick in Later this Year: President Obama
- Lender CIT Group Hires Premier Bankruptcy Adviser
- Government Selling Bank Stakes for Too Cheap: Panel
- Buffett's Top 3 Investment Rules for Average Americans
- Market Insider: Earnings Loom in the Week Ahead
- Bulls Get Summertime Blues, But It's Hot Fun for Bears
Text Size 
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?
Data is a real-time snapshot *Data is delayed at least 15 minutes