The Los Angeles Clippers today exercised the club’s fourth-year contract option on guard Eric Gordon and the third-year contract option on forward Blake Griffin.

Gordon, originally selected by the Clippers as the seventh overall pick in the 2008 NBA Draft, begins his third NBA season and is now signed through the 2011-12 campaign. Under the NBA’s Collective Bargaining Agreement, the Clippers had the right to exercise these contract options.

The 6’3” guard out of Indiana has averaged 16.4 points, 2.9 assists and 2.6 rebounds over his two-year NBA career and is coming off helping Team USA win the gold medal in the 2010 FIBA World Championships in Istanbul, Turkey earlier this month. In nine games played in the tournament, Gordon tallied 8.6 points while finishing second on the team in three-pointers made (19) and second on the team in three-point field goal percentage (.452).

Griffin, the first overall selection by the Clippers in the 2009 NBA Draft is now also signed through the 2011-12 season, with the Clippers holding the right of first refusal. Griffin missed the entire 2009-10 campaign due to a fractured left patella making 2010-11 his official rookie season.