The Chicago Bulls announced today the team has exercised its fourth-year option for the 2014-15 season for guard/forward Jimmy Butler, and its third-year option for the 2014-15 season for guard Marquis Teague. By exercising the respective player options, both players will be under contract with the Bulls for the 2014-15 season.

Butler (6-7, 220), appeared in all 82 games last season and posted averages of 8.6 ppg, 4.0 rpg and 1.4 apg in 26.0 mpg. He also shot .467 from the floor, .381 from beyond the arc and .803 from the line. During the 2013 Playoffs, Butler started in all 12 games and averaged 13.3 ppg, 5.2 rpg and 2.7 apg in 40.8 mpg. In Chicago’s first game of the 2013-14 season (against the Miami Heat), Butler posted 20 points, five steals, three rebounds and three assists in 29:55 of action.

Teague (6-2, 190), saw action in 48 games last season and averaged 2.1 ppg, 1.3 apg and 0.9 rpg in 8.2 mpg. He also appeared in eight playoffs games for Chicago last year.