Report: Nellie restructures deal with Warriors

National Basketball Association News

Sep 14, 2007, 15:45 GMT

San Jose, CA - Don Nelson has reportedly reached a deal to coach the Golden State Warriors for at least one more season.According to the San Jose Mercury News, Nelson, who led the Warriors to a stunning first-round upset of the Dallas Mavericks in last year's playoffs, restructured the final two years on his existing contract.Nelson's salary will increase from $3.1 million to $5.1 million this season. In return, the final year of his deal is now a team option rather than guaranteed money.'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.'The newspaper also reported that the deal includes a clause that gives Nelson a five-year consulting deal worth $1 million if the Warriors fail to pick up his option for the 2008-09 season.© 2007 The Sports Network

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