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"The upcoming chapter will focus on pursuing my dreams and showcasing my personal growth," stated Rose. "I truly believe that real success comes from embracing your true self, and I am eager to reveal more of who I am outside of the basketball court."

“Whether good or bad, everyone has a ‘what if’ story in their life. Even if I could, I wouldn’t change anything in mine, because it’s what helped me find real joy.”

Rose's retirement was first reported by The Athletic's Shams Charania.

Rose was the No. 1 overall pick in the 2008 NBA Draft by his hometown Chicago Bulls. He also played for the New York Knicks, Cleveland Cavaliers, Detroit Pistons and Memphis Grizzlies, who waived him less than a week ago.

This story will be updated.