Gilgeous-Alexander’s option for 2020/21, which will be his third season in the league, is worth approximately $4.14MM. Ferguson’s fourth-year option is worth $3.94MM.
Oklahoma City had until the end of this month to exercise those options.
Gilgeous-Alexander had a strong rookie campaign with the Clippers and was the key component for OKC in the Paul George blockbuster. He averaged 10.8 PPG and 3.3 APG while appearing in every regular-season game.
Ferguson started 74 games last season and averaged 6.9 PPG in 26.1 MPG. The 21-year-old was the team’s first-round pick in 2017.