Miami Heat center Kelly Olynyk has exercised his $13.6 million player option for the 2020-21 season, a source told ESPN's Adrian Wojnarowski.
Olynyk, 29, averaged 8.2 points, 4.6 rebounds and 1.7 assists in 67 games for the Heat last season, his third with the team.
He averaged 7.6 points, 4.6 rebounds and 1.1 assists in 17 playoff games during the Heat's run to the NBA Finals.
A veteran of seven seasons, he has career averages of 9.7 points, 4.8 rebounds and 1.9 assists in 500 games.