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07/22/2010 - Oklahoma City, OK (Sportsbook Betting Lines) - Oklahoma City Thunder general manager Sam Presti has agreed to a multi-year contract extension, the team announced Thursday.
Specific terms of the deal were not disclosed. Presti, 33, was named general manager in 2007, when the team was still located in Seattle, after serving as assistant general manager for the San Antonio Spurs.
"I am extremely humbled to have the opportunity to continue our work here with the Thunder," Presti said. "Oklahoma City is home for me. We have a committed group of players, excellent coaches led by Scott Brooks, and a support staff in both basketball and business, that is integral to the vision of our organization and I am grateful for their partnership."
Through draft choices, such as Kevin Durant in 2007 and Russell Westbrook in 2008, as well as key acquisitions, Presti has constructed a young and promising roster.
The maneuvering paid dividends this past season, when the Thunder went 50-32 under Brooks -- a 27-win improvement from 2008-09. Oklahoma City made the franchise's first playoff appearance in five years and lost its first-round series to the eventual NBA-champion Lakers.
<< Blue Jackets re-sign Clitsome
Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets have re-signed
defenseman Grant Clitsome to a one-year contract.
Financial terms of the deal were not disclosed.
Clitsome appeared in 11 games for the Blue Jackets last season
<< Pistons' Monroe has foot surgery
Auburn Hills, MI (Sportsbook Betting Lines) - Pistons rookie forward/center Greg
Monroe underwent successful surgery on his right foot Thursday.
The out-patient procedure was performed by Dr. Arthur Manoli at St. Joseph
Mercy Hospital in P
<< Sum greater than parts at Stephen F. Austin
Philadelphia, PA (Sportsbook Betting Lines) - Head coach J.C. Harper attributes Stephen
F. Austin's turnaround over the past few seasons to a belief in the system he
established.
"We had a plan, stayed on task with the plan, and haven't gotten off of
<< Bills put TE Klopfenstein on IR
Orchard Park, NY (Sportsbook Betting Lines) - Buffalo Bills tight end Joe Klopfenstein
was placed on the injured reserve list Thursday.
Klopfenstein's exact injury is unknown. An injury settlement with the four-
year veteran remains a possibility
Public gets chance to see Rachel Alexandra on Friday >>
Oceanport, NJ (Sportsbook Betting Lines) - Thoroughbred racing fans should be able to
get an up-close look Friday afternoon at 2009 Horse of the Year Rachel
Alexandra at Monmouth Park. The four-year-old filly will be in the track's
paddock
Canada's squad armed and ready >>
Toronto, Canada (Sportsbook Betting Lines) - As Canada prepares to host the 2010 IBAF
World Junior Baseball Championship in Thunder Bay, Ont., beginning Friday,
here's a closer look at its final 20-player roster.
It all starts behind the plate.
Can
Brewers activate Gallardo for Thursday start >>
Milwaukee, WI (Sportsbook Betting Lines) - The Brewers have activated right-hander
Yovani Gallardo from the 15-day disabled list to make Thursday's start versus
Pittsburgh.
Gallardo suffered a strained left rib cage muscle against the Cardi
Roenick, Hatcher brothers head 2010 U.S. Hockey Hall of Fame class >>
Colorado Springs, CO (Sportsbook Betting Lines) - Jeremy Roenick headlines a list of
five members that make up the United States Hockey Hall of Fame Class of
2010.
The class, which also includes Derian Hatcher, Kevin Hatcher, Art Berglund an
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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