"Like Bulls fans everywhere, I was heartbroken when I heard of Derrick's injury," Bulls chairman Jerry Reinsdorf said in a statement. "We are happy to know that, according to his doctors, his surgery was successful, and in time, Derrick is expected to make a full recovery. Everyone at the Bulls knows firsthand how extremely hard Derrick worked to return to the court this year, and I have no doubt he will do the same with regards to his recovery from this injury. Despite Derrick's absence, this is still a good team. I know from last year, this team and coaching staff will continue to make our fans proud."
Before the surgery, Thibodeau said the team felt bad for Rose after all the work he had put in to return.
"I talked to him at length last night. He's in good spirits," he said. "About as well as can be expected under the circumstances. And he's already thinking about his rehab, and typical Derrick -- concerned about his team, his teammates. But that being said, we can't feel sorry for ourselves. We're the Chicago Bulls. We have one goal, that's to win. And I believe we have the personnel in that locker room to get it done."
Kentucky's John Calipari, who coached Rose at Memphis, tweeted on Monday:
If there's anyone who can bounce back from this, it's @drose. My message to Derrick would be to stay strong and stay focused. Love you, kid.— John Calipari (@UKCoachCalipari) November 25, 2013
Bulls players were also understandably sad regarding the fact that their leader was going to be out for the year again. They know how much he means to the team, and the city of Chicago.
"My reaction was, 'Gosh, I hope it's not anything related to the surgically repaired knee,' " Bulls swingman Mike Dunleavy Jr. said. "And when it was the other knee and you're like, 'OK, well that's good.' And then you think it's the ACL, you hope it's not that, and then you find out it's not that it's the meniscus you think 'so that's good.' But then he's going to miss the whole season so ultimately you just feel for him. He's such a great guy, great teammate and you're disappointed for him."
Robert Smith, who was Rose's coach at Simeon Career Academy in Chicago, said the high school held a moment of silence Monday to pray for Rose's recovery.
"Watching him the last couple games, seeing him start to turn the corner and have another freak injury like that, that's hard," Smith said. "But Derrick is strong. He'll get back in there and get his body right to be able to get back there and play."
ESPN.com's Kevin Arnovitz contributed to this report.