The Chicago Bulls have announced overnight that they have traded All-Star point guard Derrick Rose to the New York Knicks.
The Bulls traded Rose, along with guard Justin Holiday and their 2017 second round selection in the NBA draft in return for centre Robin Lopez, and guards Jose Calderon and Jerian Grant.
Rose was the first selection in the 2008 NBA draft and built a stellar career at the Chicago Bulls, where he was crowned the league MVP for the 2010/2011 season, he has been named an NBA All-Star three times from 2010 through to 2012.
Bulls chairman Jerry Reinsdorf says the trade was a difficult decision to make.
"Knowing Derrick as I do makes this trade a hard one. Everyone knows him as the local kid who became MVP for his hometown team, but not everyone got to know him like I did. While he is a terrific basketball player, he is an even better person with a tremendous heart," Reinsdorf said.
Thank You, Derrick. pic.twitter.com/ZzMNVg4wuv— Chicago Bulls (@chicagobulls) June 22, 2016
"I wish him the best of health for the remainder of his career, and I want to personally thank him for everything that he did on the court and in the community during his time with the Chicago Bulls."
Unfortunately for Rose, he hasn't been able to get back to his MVP status due to suffering an ACL tear in his knee in April of 2012 and despite playing 66 games of the regular season, Rose only managed to average 16 points per game from 31 minutes, whereas his MVP season saw him play all but one game during the regular season, while playing 37 minutes and averaging 25 points per game.