National Basketball Association

Nuggets exercise option on Ty Lawson

Published Oct. 22, 2010 2:21 a.m. ET

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The Denver Nuggets have picked up the third-year option on Ty Lawson, keeping the speedy point guard under contract through the 2011-12 season.

The team announced the move Thursday night.

Lawson backed up All-Star Chauncey Billups as a rookie last season, averaging 8.3 points and 3.1 assists in 65 games. The former North Carolina standout was acquired by Denver in a draft-night trade with the Minnesota Timberwolves on June 25, 2009.

The Nuggets will open the regular season Wednesday night against Utah.

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