The team announced the moves on Wednesday, hours before they tipped off the season. The options are through the 2014-15 season.
With his high energy style of play, Faried has been a fan favorite since he was taken with the No. 22 pick in 2011. He averaged career-highs in points (11.5) and rebounds (9.2) last season.
Fournier averaged 5.3 points and 1.2 assists in 38 games last season as a rookie. He was the 20th pick in 2012.
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