Derrick Rose, a No. 1 overall pick in 2008 and the 2011 NBA MVP, announces retirement

Derrick Rose, the No.

1 overall pick in the 2008 NBA draft by the Chicago Bulls and the league's MVP in 2011, announced his retirement on Thursday.

Rose was the league's rookie of the year in 2008-09 for the Bulls, was the league's MVP two seasons later and was an All-Star selection in three of his first four seasons.

A major knee injury during the 2012 playoffs forced him to miss almost two full seasons and he contemplated stepping away from the game several times, but always returning.

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