The Oklahoma City Thunder have exercised their team options on the contracts of guards Terrance Ferguson and Shai Gilgeous-Alexander.

The 21-year-old Ferguson, entering his third season in the league, was selected by Oklahoma City with the 21st overall pick in the 2017 NBA Draft. After a mediocre rookie season, Ferguson started in every game (74) he appeared in during the 2018-19 season and averaged 6.9 points, 1.9 rebounds, and 1.0 assist in 26.1 minutes of action.

He also shot 42.9 percent from the field, 36.6 percent from behind the 3-point arc, and 72.5 percent from the free throw line.

Gilgeous-Alexander, meanwhile, is coming off a solid rookie campaign with the Los Angeles Clippers. Selected with the 11th overall pick in the 2018 draft by the Charlotte Hornets and traded to Los Angeles on draft night, Gilgeous-Alexander averaged 10.8 points, 2.8 rebounds, 3.3 assists,and 1.2 steals in 26.5 minutes per game.

He appeared in all 82 contests for the Clippers this past season.

The Thunder acquired Gilgeous-Alexander alongside forward Danilo Gallinari and draft picks for All-Star forward Paul George in the offseason. George was notably traded to the the Clips to join two-time Finals MVP Kawhi Leonard in the revamped L.A. team.

Gilgeous-Alexander, a combo guard, will be mentored by new Thunder point guard Chris Paul, who was acquired by OKC for Russell Westbrook in the Houston Rockets deal.

Both team options being picked up ensures Ferguson and Gilgeous-Alexander will be under contract entering their fourth and third seasons, respectively.