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07/20/2010 - San Antonio, TX (Sportsbook Betting Lines) - The San Antonio Spurs are reportedly set to re-sign free agent forward Richard Jefferson to a long-term contract.
Jefferson opted out of the final year of his contract on June 30 to test the free agent market, forgoing the $15 million he was originally due in 2010-11.
The San Antonio Express-News is reporting Jefferson is en route to San Antonio where he will sign the undisclosed deal on Wednesday.
The Spurs acquired Jefferson in a trade with Milwaukee as part of a three-team deal last offseason. He figured to fit right in with the veteran club, but struggled in recording his lowest numbers since his rookie year in 2001-02.
In 81 games with the Spurs, the University of Arizona product logged 12.3 points and 4.4 rebounds in just over 31 minutes per game.
Jefferson, the 13th overall pick of the 2001 NBA Draft, spent the first seven seasons of his career with the New Jersey Nets. He owns career averages of 17.0 points and 5.2 rebounds in 652 contests.
<< Athletics reinstate P Braden from DL
Oakland, CA (Sportsbook Betting Lines) - The Oakland Athletics reinstated pitcher Dallas
Braden from the 15-day disabled on Tuesday.
The 26-year-old left-hander was placed on the DL on July 3 with tendinitis in
his pitching elbow, with the move retro
<< Gold Pride's Sinclair named WPS Player of Week
Santa Clara, CA (Sportsbook Betting Lines) - FC Gold Pride forward Christine Sinclair
was honored as Women's Professional Soccer Player of the Week for Week 14 on
Tuesday.
Sinclair led first-place FC Gold Pride to its third successive win and f
<< Sky Blue fires Miettinen, names Stainton new coach
Somerset, N.J. (Sportsbook Betting Lines) - Sky Blue FC of Women's Professional Soccer
announced Monday that Pauliina Miettinen and assistant coach Anne Parnila were
relieved of their coaching duties with the team, and that assistant coach Rick
Stainto
<< Lakers C Bynum to have surgery next week
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Lakers revealed that center
Andrew Bynum will undergo surgery to repair a tear of the meniscus in his
right knee next week.
Bynum, who had the knee drained on June 22, had previousl
Brad Miller officially signs with Rockets >>
Houston, TX (Sportsbook Betting Lines) - The Houston Rockets officially brought center
Brad Miller into the fold on Tuesday after signing him to a previously
reported three-year, $15 million contract.
Miller, 34, averaged 8.8 points, 4.9 re
Angels recall O'Sullivan to start against Yankees >>
Bronx, NY (Sportsbook Betting Lines) - The Los Angeles Angels recalled pitcher Sean
O'Sullivan from Triple-A Salt Lake on Tuesday to replace the injured Scott
Kazmir in a start against the Yankees.
Kazmir, who was placed on the disabled list
This Week in Auto Racing July 23 - 25 >>
Indianapolis, IN (Sportsbook Betting Lines) - NASCAR is in Indianapolis this weekend,
and that means someone will kiss the bricks at the "big" track, while a lot of
beating and banging will go on at the nearby "short" track. The IZOD IndyCar
Series
Kang earns medalist honors at U.S. Girls' Junior >>
Village of Pinehurst, NC (Sportsbook Betting Lines) - Danielle Kang struggled to a two-
over 74 on Tuesday, but it was still enough to earn medalist honors at the
U.S. Girls' Junior Championship.
Kang finished 36 holes at three-under 141 at
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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