By DARYL RUITER, 92.3 The FanBy Daryl Ruiter | 92.3 The Fan

CLEVELAND (92.3 The Fan) – The Cleveland Cavaliers exercised the team-options on the contracts of 4 players the team announced Wednesday.

The Cavs picked up the fourth-year team options on the contracts of Kyrie Irving and Tristan Thompson as well as the third-year options for Dion Waiters and Tyler Zeller.

The moves were a mere formality. The 4 are the foundation of the post-LeBron rebuild.

Irving, the No. 1 overall pick in the 2011 draft, owns career averages of 20.6 points, 3.7 rebounds, 5.7 assists and 1.3 steals in 32.8 minutes through 110 career games with the team.

A 2013 NBA All-Star, Irving participated in the BBVA Rising Stars Challenge and also won the Foot Locker Three-Point Contest that weekend. Irving averaged 22.5 points on .452 shooting, 3.7 rebounds, 5.9 assists and 1.5 steals in 59 games last season.

Thompson was selected No. 4 overall in 2011 and owns career averages of 10.2 points and 8.2 rebounds in 28.1 minutes through 142 (107 starts) games played. He averaged 11.7 points on .488 shooting, 9.4 rebounds and 0.9 blocks in 31.3 minutes last season and set a franchise record for most offensive rebounds in a single-season with 306, which ranked second in the NBA, surpassing Zydrunas Ilgauskas’ 299 during the 2004-05 season.

During NBA All-Star weekend, Thompson was selected to participate in 2013 BBVA Rising Stars Challenge.

Waiters was the fourth overall pick in the 2012 draft and appeared in 61 games last season, averaging 14.7 points on .412 shooting, 2.4 rebounds, 3.0 assists and 1.0 steal in 28.8 minutes. He was also named to the NBA’s All-Rookie First Team.

Waiters was also selected to participate in 2013 BBVA Rising Stars Challenge during NBA All-Star weekend.

Zeller was selected in the first round (17th) overall in the same draft class as Waiters by Dallas, but was later acquired by the Cavaliers in a draft day trade. In 77 games last season, he averaged 7.9 points on .438 shooting and 5.7 rebounds in 28.0 minutes.

Zeller was named to the NBA’s All-Rookie Second Team and was selected to participate in the 2013 BBVA Rising Stars Challenge during All-Star Weekend.

Irving , Waiters and Zeller were among the 27 NBA players who participated in the three-day USA Basketball minicamp held in Las Vegas July 22-25, while Thompson led the Canadian National Team during the FIBA Americas Championship tournament.

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