Derrick Rose has been traded to the New York Knicks by the Detroit Pistons in exchange for Dennis Smith Jr, it has been confirmed.

The Pistons also received a 2021 second-round draft pick via the Charlotte Hornets.

In New York, former MVP Rose reunites with Tom Thibodeau, who coached him at the Chicago Bulls and Minnesota Timberwolves.

It is Rose's second stint with the Knicks after the 2016-17 season, when he struggled in the triangle offense during Phil Jackson's reign as president of the franchise. He was subsequently picked up by the Cleveland Cavaliers in free agency following the fourth knee operation of his career.

Rose, who is in the final year of a contract that pays him $7.7million, averaged 17.2 points and 5.2 assists in 65 games for the Pistons, though his performances this season have not lived up to the promise he showed in 2019-20.

Smith made just three appearances for the Knicks in 2020-21 and reportedly volunteered to play in the G League bubble to get more minutes on the floor.

He will hope to avoid that after joining the Pistons, whose 5-18 record is the worst in the NBA.