Rose has not played since a November 7 win over the Milwaukee Bucks.
Rose will resume rehabilitation at Cleveland Clinic Courts, the Cavs' practice facility in Independence, but no timetable is set for his return to play. In addition to Rose's return, Tristan Thompson is said to be quickly on the mend, and Isaiah Thomson is rumored to be returning to the court in mid-December, just in time for the Cavaliers' Christmas Day match-up with their foes the Golden State Warriors.
"This has been a very challenging and hard time for Derrick", said General Manager Koby Altman.
But he will be missing for at least another couple of weeks as he attempts to recover from the ankle sprain he suffered in their second game of the season when Greg Monroe, then of the Milwaukee Bucks, landed heavily on him.
Rose's career has been slowed by knee injuries.
Cleveland has surged toward the top of the Eastern Conference after a rough start and have won 11 games in a row. The team, who is a bit banged up at the moment with Rose sitting out, Tristan Thompson on the mend, and newly acquired point guard, Isaiah Thomas yet to see any action as a Cavalier due to a hip strain, is now riding an 11-game winning streak.