Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
06/11/2009 - Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Eagles restructured the final two years of Donovan McNabb's contract on Thursday. The franchise quarterback's current deal is set to expire at the conclusion of the 2010 season.
The Eagles, who signed McNabb to a lengthy extension back in 2002, did not release the financial details but have scheduled a press conference at 10 a.m. (et) on Friday.
"We are thrilled that this all worked out," said Eagles president Joe Banner. "[McNabb] is a great football player, a great person, and someone who gives back to the community. We are lucky to have him in Philadelphia."
The second overall pick in the 1999 Draft has played his entire 10-year career in Philadelphia, guiding the Eagles to five NFC Championship games, including an appearance in Super Bowl XXXIX.
The Chicago native had a tumultuous 2008 campaign, highlighted by his benching in a Week 12 blowout loss to Baltimore. But the five-time Pro Bowl selection battled back to lead the Eagles to four victories in their final five regular season games to sneak into the playoffs, where they were once again ousted in the NFC title bout by Arizona.
McNabb has re-written the franchise's record book for quarterbacks, ranking first in passing yards (29,320), touchdowns passes (194) and completions (2,534). He also has the lowest interception percentage in NFL history (2.09 percent).
In addition, the Syracuse product has rushed for 26 TDs and 3,109 yards in his career.
<< Choo on This: Indians rally late to clip KC
Cleveland, OH (Sportsbook Betting Lines) - Shin-Soo Choo singled home the winning run in
the bottom of the 10th inning, as the Cleveland Indians edged the Kansas
City Royals, 4-3, in the rubber match of a three-game series at Progressive
Field.
<< Millwood, Byrd lift Rangers past Blue Jays
Arlington, TX (Sportsbook Betting Lines) - Kevin Millwood pitched 7 2/3 scoreless
innings to lead the Texas Rangers to a 1-0 win over the Toronto Blue Jays in
the finale of a rain-shortened three-game series.
Millwood (6-4) allowed five hit
<< Branyan homers, drives in three to lift M's over O's
Baltimore, MD (Sportsbook Betting Lines) - Russell Branyan homered and finished with
three RBI to lead the Seattle Mariners to a 6-3 win over the Baltimore Orioles
in the rubber match of a three-game series at Camden Yards.
Adrian Beltre posted
<< Rays crush four homers in rout of Angels
St. Petersburg, FL (Sportsbook Betting Lines) - Carlos Pena clubbed a three-run homer
and added a sacrifice fly, as Tampa Bay walloped the Angels, 11-1, in the
rubber match of a three-game set at Tropicana Field.
Dioner Navarro went 2-for-5 w
Fisher's clutch treys have Lakers on brink of championship >>
Orlando, FL (Sportsbook Betting Lines) - Derek Fisher sank a pair of clutch three-
pointers, one to force overtime and another in the extra session that gave Los
Angeles the lead for good, as the Lakers overcame a 12-point halftime deficit
to tak
Mets place P Maine on DL >>
Flushing, NY (Sportsbook Betting Lines) - The New York Mets placed pitcher John
Maine on the 15-day disabled list with right shoulder fatigue after Thursday's
extra-inning loss to the Phillies. The move is retroactive to June 7.
Maine was bl
Astros send Paulino to DL, recall Wright >>
Houston, TX (Sportsbook Betting Lines) - The Houston Astros placed right-handed
pitcher Felipe Paulino on the 15-day disabled list Thursday with a strained
right groin.
Paulino was forced to leave Sunday's 6-4 win over Pittsburgh in th
Former Australian Open champ Johansson calls it quits >>
Stockholm, Sweden (Sportsbook Betting Lines) - Former Australian Open champ Thomas
Johansson of Sweden has decided to retire immediately.
Johansson won nine career ATP titles, including the 2002 Australian Open. He
was a semifinalist at Wimb
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.
MySportsbook.com is the Internet’s largest online sportsbook site serving customers in more than 80 countries worldwide. Founded in 1997, MySportsbook.com was the first sports book to introduce reduced margin wagering, using a -105 pricing model that gives bettors up to 50% better value on wagers than traditional bookmakers. With low minimum bet requirements and the highest maximum limits on the Web, MySportsbook.com has earned an industry leading reputation for providing consistent value to the player, professional customer service and the quickest payouts online. Fully licensed and regulated in Antigua and the UK, the company offers a secure environment for sports betting, horse racing and online casino games.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts credit cards needs.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting