KFDM COOP Posted September 14, 2007 Report Posted September 14, 2007 Restructured deal with Warriors offers Nelson raise OAKLAND, Calif. -- Don Nelson has reached an agreement with the Golden State Warriors and will return to coach the team for at least one more season, the San Jose Mercury News reported. Nelson, who led the Warriors to a first-round upset of the heavily favored Dallas Mavericks in last season's playoffs, accepted a restructuring of the remaining two years on his contract. His salary will increase to $5.1 million from $3.1 million, but the final season on the deal is now a team option rather than guaranteed money, according to the report. "I'm excited to come back and coach the team," Nelson told the newspaper. "The Bay Area's perfect for us, I love working with [team executive vice president Chris Mullin], I love the staff. There's so many positives here." Warriors team president Robert Rowell told the newspaper that a deal is close to being finalized. "We are definitely rounding third base," Rowell said, according to the newspaper. "We obviously have some details to work out, but we feel strongly that this is moving in the direction we all want this to move." Nelson said the deal also includes a clause that gives him a five-year consulting deal worth $1 million if the team chooses not to exercise the option for 2008-09. "It's a gesture on our part to keep Don a part of the franchise, because we appreciate and respect what he's done for us and what he means to the Warriors," Rowell told the newspaper.
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