MILWAUKEE, Wisc. – While the NBA and its players battle it out in CBA talks, former VCU standout and  current Milwaukee Buck, Larry Sanders knows that he's secure when the league starts back up.

On Thursday afternoon, the Bucks announced that they exercised Sanders' third-year option, as well as picking up the fourth-year option on All-Star point guard Brandon Jennings.

"The lock out news is never good, but I'm happy that when things get settled, I'm secure with the Bucks for a while," Sanders said. "I really like our team and am excited to be able to get back to playing when a settlement is reached."

The Fort Pierce, Fla. native was the 15th overall pick in the 2010 NBA Draft by the Bucks, marking the highest selection ever by a Ram.

During his debut season in the NBA, Sanders played in 60 games, earning 12 starts. He averaged 4.3 points, 3.0 rebounds and 1.2 blocks. He ranked fifth in the league in blocks per 48 minutes with a 3.96 average.

His best game of the year came on Dec. 1 when he posted a double-double with 14 points and 10 rebounds, as well as blocking eight shots.

While with the Black & Gold, Sanders aided the Rams to 75 wins, two regular-season championships and one CAA Tournament championship during his three seasons.

He was a two-time All-CAA honoree and won back-to-back Defensive Player of the Year awards in 2008-09 and 2009-10.

Sanders departed VCU after scoring 1,044 points, 776 rebounds (fourth all-time), 277 blocks (second all-time) and 28 double-doubles (third all-time).