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03/08/2010 - Ottawa, ON (Sportsbook Betting Lines) - The Ottawa Senators have signed defenseman Brian Lee to a two-year contract.
The 22-year-old Lee has split time this season between Ottawa and Binghamton of the American Hockey League. In 18 NHL games, Lee has scored two goals and recorded an assist, while compiling three goals and 10 points in 31 games with the minor league club.
Originally taken ninth overall by Ottawa in the 2005 draft, Lee has four goals and 13 assists in 77 career NHL games.
<< Pennington re-ups with Dolphins
Miami, FL (Sportsbook Betting Lines) - The Miami Dolphins officially re-signed
quarterback Chad Pennington on Monday.
The Miami Herald reported last week Pennington inked a one-year contract worth
$2.5 million to remain with the Dolphins
<< Wigan knocks off Liverpool
Wigan, England (Sportsbook Betting Lines) - Hugo Rodallega's 35th-minute goal allowed
Wigan to claim a surprising 1-0 win over Liverpool at the DW Stadium on
Monday, putting a dent in the Champions League hopes of the Reds.
Rodallega scored
<< Hawaii fires men's basketball coach Nash
Honolulu, HI (Sportsbook Betting Lines) - The University of Hawaii announced Monday it
has fired head men's basketball coach Bob Nash.
Hawaii went 10-20 and did not qualify for the Western Athletic Conference
Tournament this season, Nash's thi
<< Roethlisberger investigation continues
Milledgeville, GA (Sportsbook Betting Lines) - Milledgeville police chief Woodrow Blue
said Monday at a brief press conference that arrangements are being made to
interview Steelers quarterback Ben Roethlisberger, who was recently accused
of sex
Bills sign OL Green >>
Orchard Park, NY (Sportsbook Betting Lines) - The Buffalo Bills have signed offensive
lineman Cornell Green to a multi-year contract.
Green, who will turn 34 years old this August, spent the last three seasons
with the Oakland Raiders and made 3
Panthers release FB Hoover >>
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have released veteran
fullback Brad Hoover, the team announced Monday.
Hoover has spent all 10 of his NFL seasons with the Panthers, and last season
played in 11 games, serving as
Redskins bring back Rabach >>
Ashburn, VA (Sportsbook Betting Lines) - The Washington Redskins have re-signed center
Casey Rabach, the team announced Monday.
Rabach has spent the last five seasons with the Redskins and has been
extremely durable, making 79 starts in tha
Seattle University's Garcia to declare for NBA Draft >>
Seattle, WA (Sportsbook Betting Lines) - Seattle University power forward Charles Garcia
announced Monday he plans to declare for the 2010 NBA Draft at the end of
the season.
The 6-foot-10 junior averaged a team-best 18.7 points and 8.3 rebound
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In the wake of the news that the 49ers have signed receiver Michael Crabtree after an extended holdout, there has been not a hint of the dollars to be paid to Crabtree.
And since this means that his agent hasn't leaked the numbers, it means that his agent feels no specific motivation to do so.
Possibly because his agent isn't all that thrilled to have his name on the deal.
So the numbers will come from sources other than Crabtree's agent. And we've gotten our mitts into them.
Per a league source, Crabtree has signed a six-year, $32 million contract. (The total includes guaranteed money, base salaries, and the one-time incentive based on achieving minimum playing time.)
The deal also includes $17 million in guaranteed money.
As reported elsewhere, the deal can void to five years based on performance triggers, wiping out a final year base salary of $4 million. But they won't be easily reached.
The source tells us that, in his first four seasons (including 2009), Crabtree must either qualify for two Pro Bowls, or he must qualify for one Pro Bowl in one year and he must participate in 80 percent of the offensive snaps in a separate year in which the team makes the playoffs.
In other words, if in 2010 he qualifies for the Pro Bowl and the team makes the playoffs and he participates in 80 percent of the snaps, he'll still need to make it to the Pro Bowl or achieve the 80-percent/playoffs in another season.
Since the chances of Crabtree making the Pro Bowl or participating in 80 percent of the offensive snaps this year is roughly zero percent, he'll have three years to get it done.
And it won't be easy. Frankly, he'll be hard pressed to make it to one Pro Bowl in three years with the likes of Larry Fitzgerald, Calvin Johnson, Anquan Boldin, Steve Smith, the other Steve Smith, Hakeem Nicks, DeSean Jackson, Johnny Knox, Percy Harvin, Greg Jennings, Roddy White, T.J. Houshmandzadeh in the same conference for sportsbook betting.
So, by all appearances, it's a six-year deal. And at $17 million in guaranteed money, the per-year guarantee is a tepid $2.83 million per year.
There's another problem with the deal -- it has no mid-tier incentive package. Instead, the additional $8 million that Crabtree can earn (pushing the max value to six years, $40 million) requires the kind of unrealistic, mega-star performances that no rookie is likely to ever achieve.
So while the contract paid to Packers defensive tackle B.J. Raji covers five years and pays $22.5 million, he has the ability (if he's a solid player) to make up the difference between his base deal and Crabtree's five-year, $28 million haul via the mid-tier incentive package in Raji's deal.
And unless Crabtree meets the performance thresholds necessary to void the sixth year, he'll be stuck under contract for another year at a base salary of only $4 million.
There's one other area of concern with the deal. Crabtree, per the source, received no option bonus. Instead, he has significant money tied to a fairly new device known as a "discretionary salary advance," which unlike an opition bonus is subject to forfeiture if Crabtree decides in a year or two that he wants to hold out for a better deal. (We're also told that the 49ers have included language that would make certain escalators subject to forfeiture, too.)
Meanwhile, the deal falls well short of the mark for which Crabtree and agent Eugene Parker were aiming -- the five-year, $38.25 million contract paid by the Raiders to receiver Darrius Heyward-Bey, the seventh overall pick in the draft.
Even if Crabtree successfully voids the final year, he'll make more than $2 million per year less on average than Heyward-Bey.
Thus, as we explained earlier in the day, this is a deal that Crabtree could have done in July, which would have given him a much better chance of making a contribution to the 49ers during his rookie year.
So while the final outcome can be described as win-win, the broader view suggests that it's really a lose-lose situation.
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