JULY 10TH, 4:56pm: Collison's deal with the Clippers is now official, the team announced today on its website.
JULY 6TH, 10:40pm: HoopsWorld's Eric Pincus says (via Twitter) that if Collison's reported $1.9MM salary is accurate, then Barnes' three-year deal is for $10MM and not the $11MM-12MM we reported yesterday.
10:12pm: Ramona Shelburne of ESPNLosAngeles.com offers some specifcs from cap guru Nick Silva regarding how much Barnes and Collison took from the MLE. She says Barnes signed for $3.25MM in the first year ($3,396,250 in the second and a non-guaranteed $3,542,500 in the third) and Collison the aforementioned $1.9MM (Twitter link).
8:59pm: According to Sam Amick of USA Today, Collison will make $1.9MM in the first year (Twitter), and as noted by Star-Telegram Mavs beat writer Dwain Price, that's less than half of the MLE (Twitter).
Collison is represented by BDA Sports Management, according to the Hoops Rumors Agency Database.
With no sign-and-trade option available between the Mavs and Clippers, Collison is opting to take a portion of the Clippers' Mid-Level Exception in order to go back to Los Angeles (Twitter).