The person spoke on the condition of anonymity because a formal announcement has not been made. That could come Tuesday, with a formal presentation before Game 2 of the Eastern Conference semifinals.
The news is hardly a surprise after Rose had a spectacular season in which he led Chicago to the best record in the league. He averaged 25 points and 7.7 assists in the regular season.
Rose ended the two-year reign of LeBron James as MVP and the 22-year-old supplanted Wes Unseld, who at 23 was the rookie of the year and youngest MVP with Baltimore Bullets for the 1968-69 season