In addition to making a pair of roster cuts earlier today, the Pistons have also exercised two team options on players for 2013/14. Keith Langlois of Pistons.com reports (via Twitter) that Detroit has picked up Brandon Knight's third-year option and Greg Monroe's fourth-year option.
Knight, who is earning about $2.68MM in 2012/13, his sophomore year, is now set to earn a guaranteed $2.79MM in 2013/14, while Monroe will receive a guaranteed $4.09MM in '13/14. The Pistons will have an additional year of control on Knight, who is eligible for restricted free agency in the summer of 2015. Monroe, however, will become a restricted free agent in 2014 if he's not extended by Detroit next summer.
To follow all this offseason's decisions on 2013/14 rookie contract options, be sure to check out our tracker, which we'll keep updated as teams officially announce their moves.