Nuggets Exercise Options On Faried, Fournier

4:08pm: The Nuggets have officially announced in a press release that they’ve picked up their 2014/15 options on Faried and Fournier. The release doesn’t include word on Hamilton, so it looks like his option will be declined, though that’s not official yet.

10:16am: The Nuggets have picked up their fourth-year option on Kenneth Faried and their third-year option on Evan Fournier, according to the transactions log at The club has now locked up Faried for the remainder of his rookie contract, while Fournier will have one more team option for 2015/16.

With Andre Iguodala now playing in Golden State and Danilo Gallinari starting the season on the shelf, the Nuggets will be leaning on Faried and Fournier more than ever this year. Faried will earn a salary of about $1.37MM in 2013/14 before getting a bump to $2.25MM for ’14/15. Fournier, meanwhile, is in line for a guaranteed $1.48MM in ’14/15.

As for the Nuggets’ third rookie scale player, there’s no word yet on Jordan Hamilton‘s fourth-year option, which would be worth about $2.11MM. When Chuck Myron of Hoops Rumors examined this year’s rookie contract option decisions, he suggested that Hamilton would be on the bubble, particularly since Denver’s new GM and coach don’t have as strong a stake in the young swingman. The Nuggets have until tomorrow to exercise or decline Hamilton’s option.

To catch up on all of this month’s rookie contract option decisions, check out our tracker.

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