The New York Knicks have exercised their third-year option on guard Tim Hardaway Jr. for the 15-16 season. 

Hardaway, 6-6, 205-pounds, averaged 10.2 points over 23.2 minutes in 81 games (one start) last season for the Knicks and was named to the 2013-14 NBA All-Rookie first team. He was originally selected by New York with the 24th overall selection in the 2013 NBA Draft.