Thunder exercises third-year option on Terrance Ferguson

Oklahoma City's Terrance Ferguson (23) puts up a shot over Sacramento's Buddy Hield (24) during an NBA basketball game between the Oklahoma City Thunder and the Sacramento Kings at Chesapeake Energy Arena in Oklahoma City, Sunday, Oct. 21, 2018. Photo by Bryan Terry, The OklahomanThe Thunder announced Monday that it exercised the third-year team option on Terrance Ferguson for the 2019-20 season.

Ferguson, 20, has averaged 3.1 points and 13.1 minutes per game in 66 regular-season games over two seasons.

The Thunder picking up Ferguson's option locks in the second-year shooting guard at around $2.47 million next season. If Ferguson's option was not exercised, he would have become a restricted…