Derrik Rose’s jersey retirement ceremony will take place on January, 24, 2026, the Chicago Bulls announced on Thursday.Rose, who spent 8 years with the franchise, will have his No.1 jersey added to the rafters during a ceremony at the United Center following a game against the Boston Celtics. The Bulls, famous for their dynasty led by Michael Jordan in the 1990s, haven’t retired many jerseys.Rose will be just the fifth player to have his number hanging from the rafters.Jordan, Jerry Sloan, Bob Love and Scottie Pippen are the only other players who have had their jerseys retired by the Bulls.The Bulls released recently a video which shows Rose being told the news about his jersey.The three-time NBA All-Star inevitably got emotional, and started crying after hearing that there is one condition under which his jersey will be unretired.“I’m just telling you: nobody’s wearing that No. 1 jersey again unless PJ is a Bull. Then he’s wearing that No. 1 jersey. All right? Is that fair?” Bulls CEO Michael Reinsdorf told Rose.“Derrick, we love you, we appreciate everything you’ve done for Chicago. You’re a special person.”Rose’s 12-year-old son, PJ, has already had highlights of him playing basketball surface online as he hopes to follow in his father’s footsteps.Despite being retired, Rose is still breaking records in Chicago.Tickets for his jersey retirement night are currently being listed for a minimum of $315, with prices for good seats going into the thousands, making it the most expensive Bulls game of all-time.Rose got emotional when finding out why his jersey may come out of retirement@ChicagoBullsRose is considered a Bulls legend after his eight years thereGETTYRose’s jersey will be retired in January in a special ceremonyGETTYDerrick Rose’s impact in ChicagoAfter a 15-year career in the NBA, Rose, a Chicago native, retired in 2024.Rose began his career with the Bulls after being selected as the No.1 overall pick by his hometown team.What would follow were eight unforgettable seasons in which he captured the imagination of his fellow Chicagoans.His first season saw him lead the Bulls to the postseason after a stellar regular season in which he won Rookie of the Year.In 2011, Rose was named the Most Valuable Player, becoming the youngest ever winner of that award — a record that still stands.It came after he led the Bulls to a 62-20 season while averaging 25 points, 7.7 assists and 4.1 rebounds per game. During that postseason, the Bulls advanced all the way to the Eastern Conference Finals.That was the furthest the franchise had ever been since 1998, the same year Jordan retired from the team after winning his — and the Bulls — sixth championship.Rose was ultimately unable to win a championship during his career, as he struggled with injuries, but his impact was profound.As demonstrated by the fact that upon Rose’s retirement last year, the mayor of Chicago proclaimed Jan. 4 “Derrick Rose Day” “Knowing that I gave my all to the game, I feel confident in my decision,” Rose said at the time of his retirement. “Basketball was just the beginning for me. Now, it’s important that I give my all to my family — they deserve that.”Along with the Bulls, Rose also played for the New York Knicks, Detroit Pistons, Minnesota Timberwolves, Cleveland Cavaliers and Memphis Grizzlies, playing a total of 723 games.Stay up to date with the latest from the NBA across all platforms – follow our dedicated talkSPORT USA Facebook page and subscribe to our talkSPORT USA YouTube channel for news, exclusive interviews and more.