- Associated Press - Monday, October 25, 2010

CHICAGO (AP) - The Chicago Bulls have exercised the fourth-year contract option on All-Star forward Derrick Rose and third-year options on two forwards, Taj Gibson and James Johnson.

By exercising the options Monday, the three players will be under contract with the Bulls for the 2011-2012 seasons.

In his two seasons with the Bulls, Rose has averaged 18.7 points per game. Named to the All-Star team last season, Rose was the first Bulls player so honored since Michael Jordan in 1998. He was a member of the USA Men’s Basketball Team that claimed the gold medal at the 2010 FIBA World Championships.

Gibson appeared in all 82 games during his rookie season, averaging 9 points and 9 rebounds.

Johnson played in 65 contests, averaging 4 points per game.