Nevermind Chicago fell flat on its face in Game 1 versus the Atlanta Hawks. Only time will tell if that proves to be an omen of things to come or a mere speed bump in the road to the Eastern Conference Finals. In what has been all but decided since mid-February – or March 26 – Derrick Rose was officially named the NBA’s Most Valuable Player making him the first Bulls’ employee to receive the honor since that that guy with the shoes (and also the youngest ever).

Derrick Rose of the Chicago Bulls is the winner of the Maurice Podoloff Trophy as the 2010-11 Kia NBA Most Valuable Player Award, the NBA announced today. Rose, who does not turn 23 until Oct. 4, becomes the league’s youngest MVP, a distinction previously held by Wes Unseld, who earned the honor in 1968-69 as a 23-year-old.

Rose totaled 1,182 points including 113 first-place votes, from a panel of 120 sportswriters and broadcasters throughout the United States and Canada as well as an NBA MVP fan vote. For the second consecutive season, the NBA and Kia Motors America gave fans the opportunity to submit their votes by ranking their top five choices through a dedicated Web page on NBA.com. The fan vote counted as one vote and was compiled with the 120 media votes to determine the winner. Players were awarded 10 points for each first-place vote, seven points for each second-place vote, five for third, three for fourth and one for each fifth-place vote received.

Rounding out the top five in voting are Orlando’s Dwight Howard (643 points, three first place), Miami’s LeBron James (522, four first-place votes), the Los Angeles Lakers’ Kobe Bryant (428, one first-place vote) and Oklahoma City’s Kevin Durant (190).

Read more over at NBA.com.

RelatedBulls Losing Their Edge Pains Derrick Rose More Than His Ankle [Chicago Sun Times]