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06/30/2010 - Chicago, IL (Sportsbook Betting Lines) - Battling against the salary cap, the defending champion Chicago Blackhawks have traded gritty forward Kris Versteeg to the Toronto Maple Leafs in a five-player deal.
The Maple Leafs also acquired the rights to forward Bill Sweatt while sending Chicago forwards Viktor Stalberg, Chris DiDomenico and Philippe Paradis.
Versteeg, who burst onto the hockey scene with 22 goals and 31 assists in 78 games as a rookie in 2008-09, recorded 20 goals and 24 assists in 79 regular season games this past season while adding 14 points in the team's run to the Stanley Cup.
The 24-year-old had recently signed a three-year contract last offseason after being named a finalist for the Calder Trophy, but the Blackhawks were forced to make some roster moves due to the restrictions of the salary cap.
Versteeg moves to a team that is in desperate need of his offensive skill. The Maple Leafs, who finished with the league's second worst record at 30-38-14, scored only 214 goals last season, which was 13th out of 15 Eastern Conference teams.
Sweatt, 21, was a second-round pick of the Blackhawks in 2007 and has spent the last four seasons playing for Colorado College. Last season, in 39 games, he registered 15 goals and 18 assists.
Stalberg, a sixth-round pick in 2006, split last season with the Leafs and the club's AHL affiliate. In 40 NHL games, he registered nine goals and five assists.
DiDomenico was a sixth-round pick of Toronto in 2007 and played only 12 games last season, all for the Drummondville Voltiguers of the QMJHL. Despite the limited action, he registered seven goals and 15 assists.
Paradis will move on to his third organization after being sent to Toronto last season from Carolina for Jiri Tlusty. He finished the season with two assists in four games with the Leafs' AHL affiliate after registering 24 goals and 20 assists in 63 games with the QMJHL's Shawinigan Cataractes.
The 19-year-old Paradis was originally the 27th overall pick of the 2009 NHL Entry Draft by the Hurricanes.
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MIAMI (AP) -For Dwyane Wade, the start of free agency was predictable. He got courted by Pat Riley.The Miami Heat contacted a slew of top free agents when the clock struck 12:01 a.m. Thursday, a deep list that includes Wade, LeBron James, Chris Bosh
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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