(Photo credit: David Banks-Imagn Images)

The Chicago Bulls will retire former NBA MVP Derrick Rose's No. 1 jersey on Jan. 24, the team announced Thursday.

The Bulls will host the Boston Celtics that night at the United Center.Rose, 36, announced his retirement from the league over social media on Sept. 26.

The No. 1 jersey has not been worn by a Bulls player since Rose was traded to the New York Knicks in 2016. Michael Carter-Williams and Anthony Morrow were issued the number but switched after fan backlash.

Rose will be the fifth player in Bulls history to have his number retired, joining Jerry Sloan (No. 4), Bob Love (10), Michael Jordan (23) and Scottie Pippen (33).

Rose was selected by his hometown Bulls with the top overall pick in the 2008 NBA Draft and was named the 2008-09 Rookie of the Year.

At 22, Rose became the youngest player in league history to be named the NBA MVP during the 2010-11 season.

Chicago was 245-161 (.603) in games in which Rose played. In his MVP season, he led the Bulls to their first Eastern Conference Finals appearance since 1998 -- the final season of the Bulls' second NBA championship three-peat.

Rose's career took a turn for the worse after he tore an ACL during the first round of the 2012 playoffs. He sat out the following season and was limited to 10 games in 2013-14.

A three-time All-Star, Rose posted career averages of 17.4 points, 5.2 assists and 3.2 rebounds in 723 career games (518 starts) with the Bulls, Knicks, Cleveland Cavaliers, Minnesota Timberwolves, Detroit Pistons and Memphis Grizzlies.

Injuries limited Rose to 24 games (seven starts) with the Grizzlies in 2023-24 as he averaged 8.0 points, 3.3 assists and 1.9 rebounds.

--Field Level Media