The Boston Celtics announced today that the club has exercised the fourth year option on guard Rajon Rondo. Per team policy, financial terms of the deal were not disclosed.

The third-year product out of Kentucky averaged 10.6 points, 5.1 assists, 4.2 rebounds and 1.68 steals last season.  Rondo also averaged 10.2 points, 4.1 rebounds, 6.6 assists and 1.73 steals during the Celtics run to their 17th NBA Championship last spring. During the 2008 NBA All-Star Weekend, Rondo started for the Sophomore team in the Rookie Challenge scoring six points and had six assists in 18 minutes.  The former Wildcat was originally acquired in a draft night trade from the Phoenix Suns along with Brian Grant and cash considerations in exchange for a future first round pick on June 28, 2006.