Updated

Chicago Bulls guard Derrick Rose underwent successful surgery to repair his previously torn medial meniscus in his right knee on Monday, according to a team release. Rose will be out for the remainder of the season.

The surgery was performed at Rush University Medical Center by Chicago Bulls head team physician Dr. Brian Cole and team physician Dr. Chuck Bush Joseph.

Rose suffered his injury in the third quarter of Chicago’s loss at Portland on Nov. 22.

Rose, the 2011 NBA MVP, missed all of last season after tearing a ligament in his left knee in Chicago's 2012 playoff opener against Philadelphia. Rose already had missed 26 games during that lockout-shortened regular season while battling a variety of injuries.

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