The Toronto Raptors announced Monday they have exercised the fourth year team option on the Rookie Scale Contract of forward Andrea Bargnani. Bargnani is now guaranteed through the 2009-10 season. In accordance with the league’s collective bargaining agreement, the Raptors had until October 31 to exercise their option on Bargnani. Per team policy, financial terms of the deal were not disclosed.

Bargnani was selected by Toronto with the first overall pick in the 2006 NBA Draft.  He has averaged 10.8 points and 3.8 rebounds in 143 regular season games. He’s shot .832 (259-311) from the charity stripe in his two seasons with the club. He scored a career-high 28 points versus the Los Angeles Lakers on February 1, 2008 and grabbed a personal-best 11 rebounds on two occasions (November 11, 2007 versus Memphis and February 24, 2007 at Charlotte).

The 7-foot, 260 pounder was named to the 2007 NBA All-Rookie First Team, and participated in the T-Mobile Rookie-Sophomore Challenge during the 2007 and 2008 All-Star Weekend.