The Kings have officially exercised their 2013/14 team options on DeMarcus Cousins and Jimmer Fredette, the team announced today in a press release. Option decisions had been due by the end of the month.
"We’re looking forward to seeing DeMarcus and Jimmer play this year and continue to grow, improve and help this team be successful," said Geoff Petrie in the statement released by the club.
Cousins, who is entering his third season, is now in line for a guaranteed salary of about $4.92MM in 2013/14, the final year of his rookie contract. Fredette, meanwhile, had his third-year option picked up, and will make about $2.44MM in '13/14. A year from now, Cousins will be eligible for a long-term extension with Sacramento, while the Kings will hold another team option for 2014/15 on Fredette, worth $3.11MM.
Be sure to follow Hoops Rumors' rookie-contract 2013/14 option tracker to see the latest option decisions as the October 31st deadline approaches.