Ricky Rubio

The Minnesota Timberwolves today announced that the team has picked up the third-year options on guard Ricky Rubio and forward Derrick Williams.

Rubio, a second-year guard from Spain, finished as runner-up in the NBA’s Rookie of the Year voting last season. He appeared in 41 games, averaging 10.6 points, 4.2 rebounds and 8.2 assists. Rubio finished sixth in the NBA, and first among rookies, in assists last year. He finished with 12 point/assist double-doubles.

Williams, the second overall pick in the 2011 NBA Draft out of Arizona, appeared in all 66 games for the Wolves as a rookie, averaging 8.8 points and 4.7 rebounds per game. He finished fifth among rookies in rebounding and seventh in scoring. In 15 starts, Williams averaged 11.3 points and 5.7 rebounds in 30.0 minutes per game.