What happened: The Minnesota Timberwolves announced Friday that the team exercised its team options on center Joan Beringer and guard Terrence Shannon Jr. The decisions ensure both players remain under contract with Minnesota.

Why it matters: The moves solidify Minnesota's depth following earlier reports that the front office could explore trading Terrence Shannon Jr. to adjust the rotation. Exercising the options maintains roster continuity for both young contributors.

What to watch: Minnesota returns to action Friday when the Timberwolves host the LA Clippers at 8:00 PM ET.