This doesn’t reflect too well on the kid, but on the other hand, he’s just a kid and he was just messing around.  He has never been in any real trouble except for recent media-created drama (unsubstantiated SAT scandal and now this nonsense).  Here was Rose’s reaction:

“This photo of me was taken at a party I attended in Memphis while I was in school there, and was meant as a joke … a bad one, I now admit. I want to emphatically state, now and forever, that Derrick Rose is anti-gang, anti-drug, and anti-violence. I am not, nor have I ever been, affiliated with any gang and I can’t speak loudly enough against gang violence, and the things that gangs represent.

“In posing for this picture, I am guilty of being young, naive and of using extremely poor judgment. I sincerely apologize to all my fans for my mistake.

Yeah we forgive you.  I don’t get the big deal anyways.  Its not like NQTC readers haven’t seen you flash this symbol before.

Albeit it looks more like he’s retarded than that he is flashing a gang sign, but Devin Harris seems to be cool with it.