The San Antonio Spurs announced they have picked up the fourth-year option on George Hill's contract. He is now signed through the 2011-2012 season.
The decision to exercise the option does not come as a surprise. Hill turned heads his rookie season when he was thrown into the starting lineup when Tony Parker suffered injuries. Last season, he made vast improvements to his game, became an important part of the rotation and finished second in Most Improved Player voting.
According to HoopsHype, Hill will make just over $2 million next year with the option being picked up, which should save the team some money if they decide to extend Parker's contract or re-sign him next summer.