The Nuggets announced that they have exercised their third-year options on forward Kenneth Faried and guard/forward Jordan Hamilton. The two players were taken with the 22nd and 26th pick, respectively, in the 2011 draft.
Faried will earn $1.348MM in 2012/13 and will see his salary rise to $1.442MM in 2013/14. Hamilton will see a similarly modest pay increase as he goes from $1.153MM in his sophomore campaign to $1.234MM in 2013/14. Faried made a name for himself heading into the draft as a tough rebounder and didn't disappoint as he averaged 7.7 RPG to go along with 10.2 PPG. Hamilton didn't see the same kind of playing time as his fellow rookie, averaging 4.4 PPG and 2.4 RPG in 9.9 minutes across 26 games.
You can keep up with all of this offseason's decisions on 2013/14 rookie contract options by using our handy tracker.