Blue Jackets re-sign Sestito
Hockey Betting Lines
07/15/2010 - Columbus, OH (Sportsbook Betting Lines) - The Columbus Blue Jackets have re-signed forward Tom Sestito to a one-year contract.
Financial terms of the two-way deal were not disclosed.
Sestito appeared in three games for the Blue Jackets last season and recorded seven penalty minutes. He had 10 goals and seven assists with 138 penalty minutes in 36 games at Syracuse of the American Hockey League.
The 22-year-old Rome, New York native was selected by Columbus in the third round of the 2006 Entry Draft. He also appeared in one game for the Blue Jackets during the 2007-08 campaign.
Sestito has career AHL numbers of 25 goals and 35 assists with 508 penalty minutes in 154 games.
East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets signed 2010 first- round draft picks Derrick Favors and Damion James on Thursday. The Nets selected Favors with the third overall pick after the 6-foot-10, 246- pound forward aver
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Edmonton, AB (Sportsbook Betting Lines) - The Edmonton Oilers have signed defenseman Theo Peckham to a one-year contract. Peckham, 22, has played in 31 career NHL games with the Oilers, including a 15-game stint during the 2009-10 campaign.
Lightning re-sign C Jones >>
Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Lightning added some depth to the
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Financial terms were not announced.
The 23-year-old appeared in 14 g
Unga, Price-Brent taken in supplemental draft >>
New York, NY (Sportsbook Betting Lines) - The NFL's supplemental draft took place on
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Islanders sign Kohn >>
Bridgeport, CT (Sportsbook Betting Lines) - The New York Islanders signed defenseman
Dustin Kohn to a one-year, two-way contract.
Kohn appeared in 22 games with the Islanders last season, his first in the
NHL. He totaled four assists in those
FOOTBALL BETTING : Crabtree's base deal: six years, $32 million
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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