The Thunder announced Monday that it exercised the third-year team option on Terrance Ferguson for the 2019-20 season.
Ferguson, 20, has averaged 3.1 points and 13.1 minutes per game in 66 regular-season games over two seasons.
The Thunder picking up Ferguson's option locks in the second-year shooting guard at around $2.47 million next season. If Ferguson's option was not exercised, he would have become a restricted free agent on July 1, 2019.