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07/13/2010 - Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Penguins have re-signed forward Chris Conner to a one-year, two-way contract.
The deal is for $550,000 at the NHL level.
Conner, 26, has spent four seasons in the NHL, the first three with Dallas and last season with Pittsburgh.
Over 79 games, he has nine goals and 15 assists.
<< Yankees' owner George Steinbrenner dies
Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner died
Tuesday morning. He was 80 years old.
"It is with profound sadness that the family of George M. Steinbrenner III
announces his passing," a statement from the
<< Report: Steinbrenner suffers heart attack
Tampa, FL (Sportsbook Betting Lines) - New York Yankees owner George Steinbrenner has
reportedly suffered a heart attack.
According to the Tampa Tribune, emergency crews responded to Steinbrenner's
home late Monday night and took him to a hospit
<< Twins stagger into All-Star break in 3rd place
MINNEAPOLIS (AP) -With a payroll swelling to nearly $100 million and a spectacular new open-air ballpark, this was supposed to be the season the Minnesota Twins took hold of the AL Central from the start and challenged the New York Yankees for the A
<< AP source: Yankees' George Steinbrenner dies at 80
NEW YORK (AP) -A person close to George Steinbrenner tells The Associated Press that the New York Yankees' owner died Tuesday morning.The person spoke on condition of anonymity because the team had not yet made the announcement.Copyright © 2005
Steinbrenner's death casts pall over All-Star festivities >>
(Sportsbook Betting Lines) - If there was ever a baseball story that could steal the
spotlight from the All-Star Game, this was it.
George Steinbrenner passed away early Tuesday morning following a massive
heart
attack in his Tampa home. The longtime
AL West: Lee deal shakes up AL West >>
(Sportsbook Betting Lines) - We know this much is true about the Texas Rangers: on
paper, they are a better ballclub than they were before Friday.
When the Rangers traded for Seattle Mariners' ace Cliff Lee, they effectively
complemented their potent
Habs sign Lapierre, two others >>
Montreal, QC (Sportsbook Betting Lines) - The Montreal Canadiens signed forward Maxim
Lapierre to a one-year contract on Tuesday, and also signed defenseman Mathieu
Carle and forward J.T. Wyman to one-year, two-way contracts.
Lapierre finished his
Nets-Warriors make sign-and-trade deal for Morrow >>
EAST RUTHERFORD, N.J. (AP) -The New Jersey Nets have acquired guard Anthony Morrow in a sign and trade deal with the Golden State Warriors.The Nets say the deal was completed on Tuesday, just a day after they handed Morrow an offer sheet on a three-
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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