Big Red Mike captures 151st Queen's Plate

Horseracing Betting Lines

07/04/2010 - Toronto, ON (Sportsbook Betting Lines) - Big Red Mike, ridden by Eurico Rosa da Silva, went wire-to-wire to claim victory in Sunday's $1 million Queen's Plate at Woodbine Race Course. The 1 1/4-mile race is the beginning of the Canadian Triple Crown.

Queen Elizabeth II of Great Britain was in attendance for the 151st Queen's Plate.

A field of 13 Canadian-bred three-year-olds left the starting gate for the top thoroughbred race in the Great White North. Plate Trial runner-up Mobilizer and Woodbine Oaks champ Roan Inish were the 7-2 co-favorites.

Big Red Mike and Hotep were both 5-1 when the gate opened and that's how they ran as the race developed. Big Red Mike set the pace along the inside with Hotep racing second to the outside.

The pair remained in their positions up the backstretch and into the far turn. Making a slight move around the final turn was Mobthewarrior and Roan Irish.

Trained by Nicholas Gonzalez, Big Red Mike still had the lead coming off the turn for home and into the stretch. The chestnut gelding could not be overtaken down the stretch and went on to post a 1 1/4-length win over Hotep with Roan Irish third and Giant's Tomb rallying to finish fourth.

Rounding out the order of finish was Mobthewarrior, Dark Cloud Dancer, Smart Sky, Moment of Majesty, Who We Gunna Call, Mobilizer, Ghost Fleet, Vicar Street and D's Wando.

The time for the Queen's Plate was 2:04.89 on Woodbine's synthetic surface.

The victory was worth $600,000 for owner Terra Racing Stable and gave da Silva his second straight win in the Queen's Plate. Last year he won aboard Eye of the Leopard.

Big Red Mike was coming off a win in the Plate Trial on June 13. In that contest he also set the pace and was able to re-rally for the victory. The gelding has now won three of six career starts for $761,101, all at Woodbine.

"The thing that impressed me the most was when he got engaged, carrying 126 pounds and first time going that far. I was very proud of him that he dug in the way he did. He beat some good horses," said Gonzalez about the Plate Trial win. "The horse is a fighter. He's won on the inside before. He's fought some tough hard races on the outside. He's just that kind of horse where the competition is good for him."

This was the first Queen's Plate win for both the owner and trainer.

Big Red Mike returned $12.00, $6.30 and $4.40. Hotep, the 3-1 morning-line favorite, paid $6.90 and $4.70, and Roan Inish paid $4.30 to show.

The Triple Crown will continue with the Prince of Wales Stakes on Sunday, July 25 at Fort Erie Racetrack and the Breeders' Stakes on Sunday, August 15 back at Woodbine.

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FOOTBALL BETTING : Crabtree's base deal: six years, $32 million

Football Betting

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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