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07/16/2010 - Montreal, Quebec (Sportsbook Betting Lines) - The Montreal Canadiens announced on Friday the appointment of Larry Carriere to assistant general manager and director of player personnel.
Carriere, a Montreal native, had been a pro scout for the Washington Capitals since 2004. His tenure culminated in the parent club winning the President's Cup last season, while the Capitals' AHL affiliate in Hershey won the last of its three Calder Cup championships during Carriere's run.
"We are extremely happy to announce the appointment of Larry Carriere as assistant general manager/player personnel. Larry brings with him an important background in the NHL in several key areas such as recruitment, player evaluation and player development. He will be a key contributor to our hockey management team", said Canadiens general manager Pierre Gauthier.
The 58-year-old previously spent two decades with the Buffalo Sabres, serving as assistant general manager from 1995-2004 including a brief stint as general manager in 1997. He also worked as director of player evaluation for the Sabres (1993-95) as well as amateur scout (1983-1993).
<< Indians release C Redmond
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians have released catcher
Mike Redmond after designating him for assignment last Saturday.
Redmond was hitting .206 with five runs batted in over 63 at-bats at the time
of his designation
<< Brewers' Davis shelved by elbow tendinitis
Atlanta, GA (Sportsbook Betting Lines) - The Milwaukee Brewers have placed lefty Doug
Davis on the 15-day disabled list with tendinitis in his left elbow.
Davis was scheduled to pitch Monday to open a four-game series in Pittsburgh.
He missed the
<< Tampa re-signs C Thompson
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Lightning re-signed center Nate
Thompson to a one-year contract on Friday, a move that allowed the club to
avoid arbitration with the player.
The 25-year-old played in 32 games and tallied
<< Blues extend Hensick's contract
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Blues have signed forward
T.J. Hensick to a one-year contract extension.
Hensick was picked up in a trade with Colorado in June and saw time in just
seven NHL contests in 2009-10, not
Red Sox issue medical updates on Pedroia, Varitek >>
Boston, MA (Sportsbook Betting Lines) - Boston Red Sox manager Terry Francona issued
medical updates on second baseman Dustin Pedroia and catcher Jason Varitek
prior to Friday's game against the Texas Rangers.
Pedroia broke a bone in his left
Heat re-sign Anthony; formalize Miller signing >>
Miami, FL (Sportsbook Betting Lines) - The Miami Heat continued filling out their roster
on Friday by re-signing center Joel Anthony and inking second-round draft pick
Dexter Pittman.
The team also formalized the signing of free agent guard Mike
Mets bump Pelfrey to Monday >>
San Francisco, CA (Sportsbook Betting Lines) - New York Mets starting pitcher Mike
Pelfrey will have his scheduled Saturday start pushed back to Monday due to a
stiff neck.
The Mets will insert lefty Hisanori Takahashi to take the place of Pelf
Gainey goes in front at Chiquita Classic >>
Maineville, OH (Sportsbook Betting Lines) - Tommy Gainey posted a six-under 66 on Friday
to move atop the leaderboard after the second round of the inaugural Chiquita
Classic.
Gainey finished 36 holes at 14-under 130 at TPC River's Bend and is one st
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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