Warriors’ Juan Toscano-Anderson signing 2-year minimum contract

Warriors forward Juan Toscano-Anderson is signing a two-year minimum contract with Golden State on Thursday, a league source confirmed with The Chronicle.

His new deal will earn him additional money this season and fully guarantee him for 2021-22 at the minimum salary of $1.7 million. Toscano-Anderson, 28, is slated to become a restricted free agent in the summer of 2022.

This is a major milestone for Toscano-Anderson, who is averaging 5.5 points on 58.5% shooting (41.2% from 3-point range), 4.4 rebounds and 2.7 assists in 20.5 minutes per game this season. Undrafted out of Marquette in 2015, he played in Mexico, Argentina and Venezuela before making Golden State’s G League affiliate through an open tryout in October 2018.

After getting waived by the Warriors shortly before the opener this season, Toscano-Anderson signed a two-way contract and slowly emerged as a valuable piece of the rotation. It has been expected for months that Golden State would convert Toscano-Anderson’s two-way deal to a standard NBA contract.

On Thursday morning, he tweeted, “Been up since 530am. Too excited to sleep.” Toscano-Anderson’s new contract will make him one of seven current Golden State players already on a guaranteed deal for next season. Stephen Curry, Klay Thompson, Draymond Green, Andrew Wiggins, James Wiseman and Jordan Poole are the others.

Kevon Looney has a $5.2 million player option for next season that he’s expected to pick up. Though the Warriors could have signed Toscano-Anderson to a…

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