The Denver Nuggets have exercised the third-year option on point guard Ty Lawson for 2011-12, team Executive Vice President of Basketball Operations Masai Ujiri announced today.

Lawson established himself as one of the NBA?s top rookies in 2009-10, averaging 8.3 points and 3.1 assists in 65 games while serving as the primary backup to veteran Chauncey Billups. He was one of only five rookies to average at least 20 minutes for a playoff team.