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07/20/2010 - Minneapolis, MN (Sportsbook Betting Lines) - The Minnesota Timberwolves will announce the signing of free agent guard Luke Ridnour on Wednesday.
The team scheduled a press conference to introduce the former Milwaukee Buck, who agreed to a four-year deal worth close to $16 million last week, according to the Minneapolis Star Tribune.
Ridnour, a seven-year NBA veteran, averaged 10.4 points and 4.0 assists over a full 82-game schedule for Milwaukee last season. He averaged 21.5 minutes per game off the bench after starting 50 games for the Bucks a year earlier.
Since being drafted 14th overall out of Oregon in 2003 by Seattle, the 29- year-old has appeared in 516 games for the Sonics and Bucks and averages 9.4 points and 4.8 assists.
<< League voids Kovalchuk's deal with Devils
Toronto, ON (Sportsbook Betting Lines) - The NHL has rejected Ilya Kovalchuk's 17-year,
$102 million contract with the New Jersey Devils on grounds that it
circumvents the league's salary cap.
The report is according to TSN Canada.
The
<< Mora, Francis help Rockies rout Marlins
Miami, FL (Sportsbook Betting Lines) - Melvin Mora finished a triple shy of the cycle
and Jeff Francis tossed seven scoreless innings, as the Colorado Rockies
dominated the Florida Marlins, 10-0, in the second test of a four-game series
at Sun
<< Mora, Francis help Marlins rout Rockies
Miami, FL (Sportsbook Betting Lines) - Melvin Mora finished a triple shy of the cycle
and Jeff Francis tossed seven scoreless innings, as the Colorado Rockies
dominated the Florida Marlins, 10-0, in the second test of a four-game series
at Sun
<< NCAA probe on agent dealings extends to Alabama
Tuscaloosa, AL (Sportsbook Betting Lines) - The NCAA's investigation into possible
improper dealings with sports agents has reportedly reached the University of
Alabama.
A number of schools have had athletes' names surface in an increasi
Angels' home run parade leads to rout of Yankees >>
Bronx, NY (Sportsbook Betting Lines) - Mike Napoli, Maicer Izturis and former Yankee
Hideki Matsui each hit a two-run homer to lead the Angels to a 10-2 win over
New York at Yankee Stadium.
Napoli finished with four RBI for the Angels, who capt
Cardinals cruise behind Carpenter to top flailing Phils >>
St. Louis, MO (Sportsbook Betting Lines) - Chris Carpenter allowed just one run in eight
strong innings, and the St. Louis Cardinals defeated the struggling
Philadelphia Phillies, 7-1, in the second of four games at Busch Stadium.
Carpenter
Alvarez, Pirates hang on to beat Brewers following nine-run first >>
Pittsburgh, PA (Sportsbook Betting Lines) - Rookie Pedro Alvarez hit two homers,
including his first career grand slam, as the Pittsburgh Pirates scored nine
times in the first inning and held on to edge the Milwaukee Brewers, 11-9, in
the sec
Hafner's clutch double gives Indians win over Twins >>
Minneapolis, MN (Sportsbook Betting Lines) - Travis Hafner's RBI double in the eighth
proved to be the difference, and the Cleveland Indians extended their winning
streak to a season-best six with a 4-3 win over the Minnesota Twins.
Hafner finish
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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