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07/26/2010 - Nashville, TN (Sportsbook Betting Lines) - The Nashville Predators have signed defenseman Ryan Parent to a two-year, $1.85 million contract.
He will be paid $850,000 in the upcoming 2010-11 season and $1 million in 2011-12.
The 23-year-old Parent was reacquired by Nashville from Philadelphia in a June trade that sent defenseman Dan Hamhuis to the Flyers.
In 48 regular season games in 2009-10, Parent collected a goal and two assists and then added a goal in 17 playoff games during the Flyers' run to the Stanley Cup Finals.
He has totaled that one goal and six assists in 102 regular season games.
The Predators originally selected Parent with the 18th overall pick in the 2005 NHL Entry Draft and sent him to Philadelphia in a February 2007 deal that brought Peter Forsberg to Nashville.
<< Bulls' sign Kurt Thomas
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls made it official on Monday by
signing veteran forward Kurt Thomas.
Terms of the deal were not disclosed, per team policy.
The 37-year-old Thomas, a first-round draft pick by Miami in 1995
<< Toronto officially signs Kleiza
Toronto, ON (Sportsbook Betting Lines) - The Toronto Raptors have signed forward
Linas Kleiza to a multi-year contract.
Per team policy, no details of the deal were announced.
The Raptors had signed Kleiza to an offer sheet that was not m
<< Schneider, Blanton help Phils complete sweep of Rockies
Philadelphia, PA (Sportsbook Betting Lines) - Brian Schneider hit a two-run triple and
Joe Blanton threw six solid innings, as the Philadelphia Phillies held on to
complete a four-game sweep of Colorado with a 5-4 victory.
Blanton (4-6) struggle
<< OVC still trying to leap playoff hurdle
Nashville, TN (Sportsbook Betting Lines) - There is so much for cornerback CJ James to
bask in regarding Eastern Illinois' football 2009 season.
From playing before 104,000 fans at Penn State to winning on the road at rival
Jacksonville State to havin
Ravens sign second-rounder DT Cody >>
Owings Mills, MD (Sportsbook Betting Lines) - The Baltimore Ravens have agreed to terms
with second-round draft choice Terrence Cody on a three-year contract.
The 6-foot-4, 349-pounder was the 57th overall selection in April's draft.
He was a con
Saints sign second-rounder OT Brown >>
New Orleans, LA (Sportsbook Betting Lines) - The New Orleans Saints have signed
offensive tackle Charles Brown, their 2010 second-round draft choice, to a
four-year contract.
Financial terms of the deal were announced.
The 6-foot-5, 2
Hawks ink free agent Josh Powell >>
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Hawks bolstered their forward
position on Monday by signing free agent forward/center Josh Powell.
Per club policy, terms of the contract were not announced.
"I look forward to joining a f
Ravens rookie Kindle to miss camp due to head injury >>
Owings Mills, MD (Sportsbook Betting Lines) - Baltimore Ravens rookie linebacker Sergio
Kindle will miss all of training camp after suffering injuries to his head
when he apparently fell down two flights of stairs at a private residence in
Austin,
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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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