Last night, word leaked out of agent circles that Derrick Rose is ready to sign with Arn Tellem and was reported by CNBC’s Darren Rovell. I have no reason to believe this report is false.

However, it should also be noted that as of Monday, Rose had not officially informed anybody at Memphis that he is entering the NBA Draft.

What does this mean? Nothing. Rose is leaving. That much has been known since he stepped on campus. There has never been any pretense that he would come back for a second season. None of us would turn down the financial opportunity Rose has right now to essentially snap his fingers and make $10 million.

But obviously, he’s not quite ready to say it publicly or else it would have been done today.