The Oklahoma City Thunder signed veteran forward Nick Collison to a contract extension on Tuesday.
Yahoo Sports reported the deal to be for two years and approximately $7.5 million. Collison’s salary is $2.243 million this season.
The 34-year-old Collison, who was with the franchise before it moved to Oklahoma City from Seattle, is averaging 3.8 points and 3.4 rebounds this season in 16 minutes per game off the bench as a role player.
“We are excited that Nick Collison will continue his tenure with the Thunder. Since our arrival in 2008, Nick has helped us establish the standards on and off the floor that we work by on a day-to-day basis,” Thunder executive vice president and general manager Sam Presti said.
“He has accepted various roles, demonstrated professionalism in all aspects of his craft and shown a commitment to an organizational philosophy that is rare in sports today. Nick is the type of player that will always be valued in Oklahoma City, and we are thrilled he will continue to be a foundational member of the Thunder moving forward.”
The franchise drafted Collison in 2003 when it was located in Seattle. His most productive season came in 2007 when he aveaged 9.8 points and 9.4 rebounds in 78 regular-season games.
“I’m excited to continue my career with the Thunder, playing here in Oklahoma City. I feel fortunate to be a part of a great organization and to play with a great group of teammates,” Collison said. “Playing in Oklahoma City is unique. It’s a rare combination of a lot of things; great people in the organization starting with ownership, the most loyal fans, the opportunity to win at a high level and a true community impact.
“It’s been a great professional experience for me since the day I arrived. I’m proud of what we have built together and am grateful to be able to stay with the club and continue our work together.”