McDermott had his third-year option exercised, the team announced Friday.

EDGE Analysis

The move secures McDermott under contract with the Bulls through the 2016-17 season. McDermott showed great improvement in his second year by averaging 16.6 points per game on 43.2 percent shooting from behind the arc in the preseason. The forward will look to build upon his successful preseason as he fights for more minutes off Chicago's bench.