Sacramento Kings forward Rudy Gay has exercised his contract option for the 2014-15 season, General Manager Pete D’Alessandro announced today.

“We’re thrilled that Rudy will return to Sacramento next season,” said Kings Chairman and Majority Owner Vivek Ranadivé. “He quickly demonstrated consistency both on the court and in the community, and we regard him as a valuable member of our organization moving forward.”

In his eighth NBA season, Gay was acquired by the Kings along with Quincy Acy and Aaron Gray from the Toronto Raptors in exchange for Chuck Hayes, Patrick Patterson, John Salmons and Greivis Vasquez on December 9, 2013. With the Kings, Gay averaged 20.1 points (.482 FG%, .312 3pt%, .836 FT%), 5.5 rebounds, 3.1 assists, 1.22 steals and 34.4 minutes per game in starting all 55 games he played in. Gay finished the 2013-14 season with averages of 20.0 points (.455 FG%, .330 3pt%, a career-high .822 FT%), 6.0 rebounds, a career-high 2.9 assists, 1.30 steals and 34.7 minutes per game in starting all 73 games he played with Sacramento and Toronto.

Gay is averaging 18.2 points (.451 FG%, .342 3pt%, .784 FT%), 5.8 rebounds, 2.1 assists, 1.35 steals and 35.9 minutes per game in 585 career contests.