Geoff Lepper of the Contra Costa Times reports Nelson will get his previous reported raise to $5.1 million for 2007-08. But the Warriors got their way on 2008-09 -- previously guaranteed at $3.1 million, its now a team option for $5.1 million. So, as reported when Nellie was balking at this deal, the coach is actually guaranteed less money than his original contract assured him. Except there's a clause which, if the Warriors decide to go another direction next summer, guarantees Nelson a five-year 'consulting' contact at $1 million total. Which means the Warriors still owe Nellie $6-10 million no matter what. (And if Nellie's previous consulting contract with Dallas is any indication, the coach won't actually do anything during that five-year deal.)
For an ordeal which threatened to send a revived franchise back to its mediocre roots, this all actually came out pretty nicely for everyone. Nelson gets more money, the Warriors wrestle control back from the coach, the players get to keep on gunning, and the world gets at least one more year of Nellieball. Are there any losers?