Trail Blazers gave Neil Olshey a bigger deal

[SlyPokerDog]

By Broderick Turner June 8, 2012, 8:09 p.m.

The deal that was struck between the Clippers and Neil Olshey wasn't consummated because the team didn't offer the job security or the money that Olshey was able to get from the Portland Trail Blazers, said two basketball executives who were not authorized to speak publicly on the matter.

Trail Blazers owner Paul Allen gave Olshey a three-year guaranteed contract worth $3.6 million to become Portland's new general manager, and the team has an option for the fourth and fifth years, the executives said.

Clippers owner Donald Sterling offered Olshey, whose title with the Clippers was vice president of basketball operations, a one-year deal for about $750,000 to stay with the team, an executive said. Olshey had been working on a month-to-month deal with the Clippers since last August, making about $450,000 annually.

The Clippers offered Olshey a bump in salary, but the one-year deal would have expired about the same time a year from now as Coach Vinny Del Negro's contract.

On June 1 the Clippers said they had reached an agreement in principle with Olshey on a new deal, but Clippers President Andy Roeser didn't get a signed contract by Olshey.

Monday the Clippers announced they had mutually agreed to part ways with Olshey.

During his news conference in Portland on Tuesday, Olshey said: "This is nothing the Clippers did wrong. It's about what Portland did right."

...

The Clippers haven't yet put together a list of candidates, but Roeser was expected to have dinner with agent Warren LeGarie in Chicago this week.

http://www.latimes.com/sports/la-sp-clippers-20120609,0,4105550.story

 

[Fez Hammersticks]

The Clippers offer is downright insulting.

 

[HailBlazers]

Damn, right is right, nearly doubled his salary. Not to mention the unknown incentives.

 

[EL PRESIDENTE]

Damn you, 1%.

{Poasted via palm pilot}

 

[jlprk]

Clippers owner Donald Sterling offered Olshey, whose title with the Clippers was vice president of basketball operations, a one-year deal for about $750,000 to stay with the team, an executive said. Olshey had been working on a month-to-month deal with the Clippers since last August, making about $450,000 annually.

And Pritchard went around the league complaining he made only $800,000 per year? GMs must have been jealously laughing at the ingrate.

 

[THE HCP]

That is exactly how Denny got me to come over from BFF!

 

[BLAZINGGIANTS]

Tripled your pay?

Let me help you with your math.

Unfortunately for you, 3x0 still equals 0.

 

[Draco]

A good post from douglast at Blazers Edge

the implication of the timeline is like this
1) last friday, clippers and Olshey agree to the 750,000 for 1 year deal (in pricipal)
2) Portland swooped in over the weekend with the 3 year/3.6 offer
3) Olshey tells the Clippers he’s got an offer from us and is going to Portland
4) Clippers agree to match our deal for him to stay (this is their long-time MO)
5) Olshey says thanks but no thanks, if you wanted me at that price, you should have offered it to me to begin with.

Olshey said the money was the same, so it'd have to be some sort of scenario such as above to have both stories be true.