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09/06/2007 - Grand Forks, ND (Sportsbook Betting Lines) - The University of North Dakota announced Wednesday the five-year contract extension for men's hockey coach Dave Hakstol, and extended associate head coach Cary Eades and assistant coach Dane Jackson.
"This is an excellent package for UND Athletics and the hockey program," said Tom Buning, North Dakota athletic director. "We've been working on this package for a while, the administration put on the finishing touches."
Hakstol, who has taken North Dakota to three straight Frozen Fours in his three years as head coach, will earn a base salary of $210,000 per year, with added incentives of up to 25 percent of that number.
"I am happy that this package recognizes our entire coaching staff. It provides stability for our coaching team and allows us the opportunity to continue to work together in what we consider the best place in hockey. We can continue to concentrate on what is important; developing young men and winning hockey games," said Hakstol.
<< Paulino, Bucs top Cards
St. Louis, MO (Sportsbook Betting Lines) - Ronny Paulino belted a three-run homer, and
Jack Wilson drove in three runs in Pittsburgh's 8-2 win over St. Louis,
spoiling Mark Mulder's 2007 debut and sending the Cardinals to another tough
defeat
<< Cubs top Dodgers to keep pace in NL Central
Chicago, IL (Sportsbook Betting Lines) - Mark DeRosa finished 3-for-4 with two RBI and
two runs scored, and the Chicago Cubs topped the Los Angeles Dodgers, 8-2, in
the third of a four-game set.
Ted Lilly (14-7) held the Dodgers to six hits an
<< Bonds homers as Giants hold off Rockies
Denver, CO (Sportsbook Betting Lines) - Barry Bonds hit the 762nd home run of his
career, lifting the San Francisco Giants over the Colorado Rockies, 5-3, in
the conclusion of a three-game series at Coors Field.
Pedro Feliz had three hits
<< Schultz gets another shot at Senior Women's Amateur title
Sunriver, OR (Sportsbook Betting Lines) - Anna Schultz reached the final at the
USGA Senior Amateur Championship for a second straight year by winning a pair
of matches on Wednesday at the Sunriver Resort.
Meanwhile, two-time defending cha
Report: Vikings, Williams agree to contract extension >>
St. Paul, MN (Sportsbook Betting Lines) - The Minnesota Vikings are expected to sign
Pro Bowl nose tackle Pat Williams to a three-year contract extension this
week.
According to the St. Paul Pioneer Press, the space-eater will ink the deal
Division leaders square off in Anaheim >>
(Sportsbook Betting Lines) - Paul Byrd tries to win his fifth straight start this
evening when the red-hot Cleveland Indians begin a four-game series with the
LA Angels of Anaheim in a battle of division leaders at Angel Stadium.
Byrd is co
Tigers expect Sheffield back in finale with ChiSox >>
(Sportsbook Betting Lines) - The Detroit Tigers should have Gary Sheffield back in the
lineup this afternoon when they play the rubber match of a three-game series
with the Chicago White Sox at Comerica Park.
Sheffield, who is second on the tea
Boston's Wakefield aims for win No. 17 in Baltimore >>
(Sportsbook Betting Lines) - Tim Wakefield targets win No. 17 this evening when the
Boston Red Sox open a four-game series with the Baltimore Orioles at Camden
Yards.
Wakefield, who is one victory off the pace of major league leaders Chien-Mi
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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