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07/16/2010 - Orlando, FL (Sportsbook Betting Lines) - The Magic have matched the Chicago Bulls' offer sheet for J.J. Redick, meaning the shooting guard will remain in Orlando for the foreseeable future.
The Bulls had given Redick, a restricted free agent, a reported three-year, $19 million offer sheet last Friday, and the Magic had seven days to match it.
Redick, selected with the 11th overall pick in the 2006 NBA Draft, had his best season in 2009-10. The Duke product averaged 9.6 points and 1.9 assists while shooting 40.5 percent from three-point range and 43.9 percent from the field overall.
The 6-foot-4, 190-pound sharpshooter averaged over 22 minutes in 82 regular season games, nearly five minutes more than his previous personal high.
"J.J. (Redick) is a valuable part of our organization, both on the court and in our community," said Magic general manager Otis Smith. "He has worked extremely hard during his four seasons with us and improved every year. We're happy that J.J. will be back to help us reach our ultimate goal."
Redick, 26, owns career averages of 7.0 points and 1.3 assists over 222 games that have all come with the Magic.
<< Oosthuizen moves in front at St. Andrews
St. Andrews, Scotland (Sportsbook Betting Lines) - South African Louis Oosthuizen carded
a five-under 67 Friday to move to the top of the leaderboard in the early
stages of the second round at the British Open.
His two-round total of 12-under-pa
<< Lincecum blanks Mets
San Francisco, CA (Sportsbook Betting Lines) - Tim Lincecum shut out the Mets, becoming
the second-fastest Giants pitcher to win 50 games, as San Francisco posted a
2-0 victory in the opener of a four-game set at AT&T Park.
It took the hard-th
<< Twins put Morneau on DL
Minneapolis, MN (Sportsbook Betting Lines) - Minnesota Twins first baseman Justin
Morneau was put on the 15-day disabled list following Thursday's 8-7 loss to
the White Sox due to a concussion.
The move is retroactive to July 8. Morneau suffered the i
<< Pineiro beats former team, Angels down Mariners
Anaheim, CA (Sportsbook Betting Lines) - Joel Pineiro threw seven solid innings to win
his seventh straight decision and the Angels got three RBI apiece from Erick
Aybar and Bobby Abreu in a 8-3 win over the Seattle Mariners to start the post
All-Sta
Tigers, Scherzer open set with Indians >>
(Sportsbook Betting Lines) - Max Scherzer goes after his fifth straight winning decision
this evening when the Detroit Tigers start the second half of their season in
the first test of a four-game set against the Cleveland Indians at Progressive
Field.
Reds, Rockies get second half started in Cincinnati >>
(Sportsbook Betting Lines) - Two potential National League playoff teams square off
tonight when the Cincinnati Reds host the Colorado Rockies in the opening
contest of a three-game weekend series at Great American Ball Park.
The Reds enter the season
First-place Braves resume series with Brewers >>
(Sportsbook Betting Lines) - With rookie sensation Jason Heyward back in the outfield
for the Atlanta Braves, things may get a bit easier for the current National
League East leaders. Tonight Heyward and the Braves will resume a four-game
series versus t
Cardinals turn to Garcia versus Dodgers >>
(Sportsbook Betting Lines) - The St. Louis Cardinals hope that rookie starter Jaime
Garcia can duplicate what Chris Carpenter did last night when he takes the
ball Friday in the second portion of a four-game series versus the Los Angeles
Dodgers at Busch
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.
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.
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