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Source: Bulls Guard Derrick Rose Wins MVP Award

Derrick Rose

April 12: Indiana Pacers' Tyler Hansbrough (50) tries to draw a charging foul as Chicago Bulls' Derrick Rose drives to the basket during the first half of Game 3 of a first-round NBA basketball series in Indianapolis. (AP)

CHICAGO -- A person familiar with the decision says Derrick Rose has become the NBA's youngest Most Valuable Player and joins Michael Jordan as the only Bulls players to win the award.

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