The Chicago Bulls announced near the beginning of the year that they would be retiring Derrick Rose's jersey, hanging #1 in the rafters forever, unless his son were to become a Bull. It was a rare moment of competency for the Bulls, as they haven't made many great decisions for the last decade, but retiring the former MVP's number is a no-brainer.

The Chicago Bulls announced Thursday that Derrick Rose’s No. 1 jersey will be retired Jan. 24 in a ceremony after a home game against the Boston Celtics.

Rose was the No. 1 overall pick by his hometown team, the Chicago Bulls, in 2008, the same year he won Rookie of the Year. In 2011, he was named the youngest Most Valuable Player in NBA history after leading the Bulls to the Eastern Conference Finals for the first time since Michael Jordan’s retirement in 1998.