Sources said Collingwood believed they would pay a minimal amount of the contract over the next five years as the Bulldogs received greater value in the exchange of picks that eventuated. But the Bulldogs were of the view the Magpies were paying a significant amount while still clearing a big commitment from their salary cap.
The clubs remain in talks and the AFL is yet to intervene to potentially mediate the issue,while Treloar is certain to receive what he is entitled to under his contract. An extension has been granted in this case and it is not unusual,with many clubs receiving extensions to finalise such agreements.
Collingwood are also expected to announce Jordan De Goey has been re-signed on a two-year deal within the next fortnight,club sources say,as they continue to reshape their list ahead of a crucial national draft on December 9.
The list reshape follows a tumultuous trade period for the club,when Adam Treloar,Jaidyn Stephenson,Tom Phillips and Atu Bosenavulagi were traded.
The Magpies have picks 14 and 16 in the first round as well as picks 65 and 70 in this year's draft,but hold a future first-round and two future second-round picks in next year's draft,where they are likely to gain highly rated father-son prospect Nick Daicos.
Coach Nathan Buckley admitted mistakes were made during the trade period but the course was the right one for the club to take.