Option year, two types: Player or Team.
Player option: year that player has the option to continue with his contract and play that year for that team on the current contract.
team option: team has the option to keep its current player with the current contract for that year.
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1946
A nba player who has been in the nba for less than a year
The NBA first presented the Rookie Of The Year award in the 1952-53 season. The winner that year was Monk Meineke of the Fort Wayne Pistons.
Wilt's first season in the NBA was the 1959-60 season.
Dirk Nowitzki, 2006-2007 Season.