6:12:20 PMNicholson dismayed by Dons offer
Nicholson dismayed by Dons offer
The 29-year-old is free to negotiate with other clubs, having rejected the offer of a contract extension.
"If there is no further room for negotiation, I'm going to have to look elsewhere," Nicholson told BBC Sport.
"It would have been nice to work things out. I have enjoyed my time, with last season ending on a high and playing in Europe this season."
Several of Nicholson's team-mates are also out of contract at the end of the season, as is manager Jimmy Calderwood.
"I'm in the same boat as the other boys and they all said they'd like to stay if the contracts were right," added Nicholson.
"But it's not to be and it looks like a few of us will be leaving in the summer."
Aberdeen have agreed to sell defender Michael Hart to Plymouth and director of football Willie Miller said the club cannot compete with the wages on offer down south.
"The manager has put together a good side and it's a great dressing room," added Nicholson.
"I understand the club's way of thinking but we're all really disappointed because we'd have liked to stay together and we all felt the club were going to work their hardest to keep us.
"It's been a great three seasons for me and there's still half a season to go.
"Obviously, I'll continue to do my best for the club and hopefully I can catch someone's eye."
When asked if he would like to follow Hart to England, the former Dunfermline star replied: "I've not really thought about it that much.
"When talks started it was all about staying with Aberdeen.
"It's something that always been at the back of my mind but I've got nothing concrete and it might not happen."
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