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Tag Archives: Nick Collison

UPDATE: Collison Signs Contract Extension for $11 million

Newsok.com reporting.  Nick celebrated by taking a charge.

OKC Thunder sign Nick Collison to contract extension

Nick Collison has shown an unwavering commitment to our organization through his willingness to accept various roles and his dedication to his teammates throughout his seven-year career with our franchise – Sam Presti.

 

Oklahoman’s Mayberry got a little Q&A time with Nick.

Update**

Marc Stein at ESPN breaks down the deal.  The Thunder GM Sam Presti has really created an interesting contract that awards both Collison and the team.

  • The Thunder had a $6.5 million cap space, which will vanish at the end of the season.
  • They decided to front-load Collison’s contract, accelerating a signing bonus into the current year.   This consumes the cap space and pays Collison $13.3 million in the current year.
  • The deal rewards Collison up front and demonstrates a loyalty to the young player whom the team is so high on.
  • After the initial lump sum, Collison’s salary goes way back down in subsequent years, making it very cap-friendly for when Durant’s extension kicks in, and for when Westbrook is due up for his first contract extension negotiation.
  • The deal insulates both the team and Collison from the potential looming lockout.
  • Kelly Dwyer at Ball Don’t Lie would like a loan.
  • A finance lesson here – Time Value of Money.
  • It is important to note that Jeff Green did not receive this kind of deal.  We’ll never know if he were offered a similar one, and if he was, what he knows about his free agency prospects that led in part to the negotiation breakdown.
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11/8 Daily Links

The Thunder find themselves at .500 again, after last night’s tough loss.  Lamentations abound.

What the pros are saying:

What I’m saying:

  • Royce points out that it was Westbrook who essentially forced the Thunder surge in the third quarter to get back in the game.  This does need to be acknowledged, but it’s important to look at it in context.  He wouldn’t have had to do it if he had played better in the first half, so at best you could argue that he finished at a net zero contribution.  I’d really like to see the team decide in the 76ers game that they’re going to get aggressive early, and see how it plays out.
  • Amidst the offensive futility last night, I was negligent in noting that the Thunder’s interior defense was vastly improved last night.  Granted, Garnett and Pierce are not classic interior post players, but for the first time this season I didn’t feel like they were getting handily outplayed in the paint.Part of this should be a credit to Ibaka, who held his own in his first start of the season.  Having him as a key contributor early on will greatly help their bench play as they reacquire Nick Collison and Jeff Green into the lineup.