On the same day Derrick Rose will be honored by the Chicago Bulls for his achievements throughout his NBA career, the club announced plans to retire his jersey.

The Bulls announced Rose’s No. 1 will be raised to the rafters at the United Center at some point during the 2025-26 season.

The Bulls quickly put together a celebration for Rose on Saturday, announcing “Derrick Rose Night” on Dec. 30.

Per the team’s website, the event will “serve as a celebration of Derrick’s retirement from the NBA, his memorable career and his contributions to the Bulls and the city of Chicago.”

Speaking to ESPN’s Shams Charania on Friday, Rose said he “would love” to have his jersey retired in part because it would help cement his legacy as an all-time great player.

“That would be my way of getting close to the Top 75, and I’m only saying that because it relates to the MVP,” Rose said. “It’s only a handful, a small group that got that trophy back there. And to think that way of playing, the Chicago way of playing, is not in that 75, it makes you think about it a little bit or question it a little bit.”

Rose announced his retirement from the NBA after 16 seasons in September. The Chicago native spent his first eight years with the Bulls after being selected with the No. 1 pick in the 2008 draft.

The addition of Rose was a transformative moment for a franchise that had started to find a new identity after a lull in the years after Michael Jordan’s second retirement. He earned Rookie of the Year honors in his first season and was named an All-Star in his second season.

Rose became the youngest NBA MVP when he won the award as a 22-year-old during the 2010-11 season. He led the Bulls to the league’s best record (62-20) and an appearance in the Eastern Conference Finals.

A torn ACL suffered in the first round of the playoffs against the Philadelphia 76ers the following season altered the trajectory of Rose’s career, but he did eventually carve out a niche as a role player.

Rose will be the fifth Bulls player to have his jersey retired by the club. He joins a group that includes Jordan (No. 23), Scottie Pippen (No. 33), Jerry Sloan (No. 4) and Bob Love (No. 10).