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According to CBS, The Bulls are trading point guard and former MVP Derrick Rose to the Knicks in a blockbuster five-player deal, according to the Tribune’s K.C. Johnson and The Vertical’s Adrian Wojnarowski.

Chicago is shipping Rose, young wing Justin Holiday and a 2017 second-round pick to New York in exchange for big man Robin Lopez, guard Jerian Grant and veteran point guard Jose Calderon.

Rose, 27, was the hometown hero whom the Bulls took first overall in the 2008 draft. By his third year, he set the goal of winning the MVP, then did so with a brilliant 2010-’11 campaign in which he became the youngest player in league history to win the award.

Rose’s career arc changed in April 2012, when he tore his left ACL on a drive to the basket in the playoff opener for the top-seeded Bulls. He was never the same.

Rose sat out all of the 2012-’13 season, taking criticism from some for not coming back for the playoffs after the team said it had medically cleared him. Just 10 games into his return the following season, Rose tore his right meniscus in November 2013 and missed the rest of the season. He had another surgery on his right meniscus in February 2015 as well, bringing his total to three major knee operations.

Rose averaged 16.4 points on 42.7 percent shooting in 2015-’16. Most troubling for the Bulls was that he and All-Star Jimmy Butler never meshed on the floor.