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Source: Derrick Rose is NBA MVP

Updated: May 3, 2011, 2:24 PM ET
By Jon Greenberg | ESPNChicago.com

CHICAGO -- Chicago Bulls guard Derrick Rose is the youngest Most Valuable Player award-winner in the history of the NBA, according to a source familiar with the situation.

The 22-year-old Rose was widely expected to win the award after leading the Bulls to a 62-20 record and No. 1 seed in the playoffs. The Bulls have scheduled a 4 p.m. CT Tuesday news conference for a "major announcement."

Rose said Monday night that the league has yet to tell him anything about the award.

"Not ...

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