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Derrick Rose signs with the Wolves

He'll reunite with Jimmy Butler and Tom Thibodeau.

Big news for the Timberwolves – Derrick Rose is signing for the rest of the season.

ESPN's Adrian Wojnarowski first reported the news, with one of his typical "Woj bombs." 

The free agent guard had been rumored to be signing with the Wolves after he was waived by the Jazz last month.

But no move materialized until today, with Rose set to join up with his former Bulls teammates Jimmy Butler and Taj Gibson, along with coach Tom Thibodeau.

Rose averaged 18 points in 64 starts with the Knicks last season, but he played sparingly in Cleveland this season before being traded to Utah at the trade deadline.

It's unclear how Thibodeau will use Rose in the rotation. Currently, Jeff Teague and Tyus Jones are handling point guard duties. 

Minnesota takes on the Boston Celtics Thursday night. 

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