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07/19/2010 - Miami, FL (Sportsbook Betting Lines) - The Miami Heat made it official on Monday by re- signing forward James Jones.
Terms of the deal were not disclosed, but The Miami Herald previously reported that Jones' deal was for the veteran minimum and that the forward spurned larger offers, including a reported $6 million deal with the Spurs, for a chance to return to the new-look Heat.
"We are happy to bring back James Jones, whose abilities on and off the court epitomize what the Heat organization stands for, said Heat President Pat Riley. "He is a consummate professional and a proven three-point threat that will help stretch the floor. As our roster fills out, his ability to shoot the ball will be a valuable asset to our team."
Miami requested waivers on the seven-year veteran in June, buying out the final three years of his previous contract to make him a free agent.
Jones provides another outside shooting threat on a roster being stacked with veterans and rookies alongside LeBron James, Chris Bosh and Dwyane Wade.
Over his last two years in Miami, Jones appeared in 76 games, making seven starts and posted averages of 4.1 points and 1.4 rebounds in 14.9 minutes of action. He shot 36.6 percent from the floor and 37.6 percent from beyond the arc.
Over 366 games, including 65 starts, Jones has averaged 6.4 points and 2.4 rebounds while shooting 39.5 percent from three-point range. He has also logged stints with Indiana, Phoenix and Portland.
<< Atlanta's Venters, Cox suspended
New York, NY (Sportsbook Betting Lines) - Atlanta Braves pitcher Jonny Venters has
been suspended by Major League Baseball for four games and fined an
undisclosed amount for throwing two straight pitches at Milwaukee first
baseman
<< Mathieu upended on first day in Hamburg
Hamburg, Germany (Sportsbook Betting Lines) - Paul-Henri Mathieu, who was defeated in
the final of last year's event, was upset by qualifier Pere Riba on the first
day of play at the 2010 Hamburg Open.
Mathieu won the first set handily, 6-1,
<< Report: Florida, NCAA probe violation allegations
GAINESVILLE, Fla. (AP) -ESPN is reporting that Florida and the NCAA are investigating allegations that former Gators offensive lineman Maurkice Pouncey received $100,000 from a representative of a sports agent before last season ended.Florida athlet
<< Rangers' Molina earns AL weekly honor
New York, NY (Sportsbook Betting Lines) - Texas Rangers catcher Bengie Molina has been
named the American League Player of the Week for the period ending July 18.
Molina, who will turn 36 on Tuesday, joined the Rangers in a July 1 trade from
the Sa
Pitt suspends DE Sheard indefinitely >>
Pittsburgh, PA (Sportsbook Betting Lines) - Pittsburgh senior starting defensive end
Jabaal Sheard has been suspended indefinitely from team activities after being
charged with multiple offenses for his part in a fight early Sunday morning.
The P
Report: Johnson, Titans come to contract agreement >>
Culver City, CA (Sportsbook Betting Lines) - The NFL Network is reporting that
running back Chris Johnson and the Tennessee Titans have agreed to a deal that
will pay him slightly more than $2 million during the 2010 season.
According to T
Edwards, Keselowski feud showing no signs of letting up >>
Madison, IL (Sportsbook Betting Lines) - "Boom boom boom, now. Boom boom boom, now. Boom
boom pow."
I generally don't like using song lyrics to describe a frantic episode in a
NASCAR race or any other motorsports event, but after last Saturday's night
Dushevina moves on in Slovenia >>
Portoroz, Slovenia (Sportsbook Betting Lines) - Sixth-seeded Russian Vera Dushevina was
a first-round winner Monday at the Slovenia Open.
Dushevina dropped the first set but rallied for a 2-6, 6-3, 6-3 victory over
fellow countrywoman Anna Lapushch
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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Kansas City, MO - Kansas City has not officially named Matt Cassel its starting quarterback, but there can be no doubt now.
NFL Betting
After praising his leadership and work ethic through spring workouts, the Chiefs announced Tuesday they had signed the 27-year-old Cassel to a multiyear contract. Terms were not disclosed, but he will almost certainly be one of the highest-paid members of the team.
"We are excited to be able to reach a long-term agreement for Matt Cassel to be a Kansas City Chief for many years to come," owner and board chairman Clark Hunt said in a statement. "His proven leadership on and off the field will be a tremendous asset to the organization."
Patriots made him their franchise player, meaning his salary for this season will be about $15 million.
New head coach Todd Haley, taking over for Herm Edwards after a 2-14 season, refused to name a starter at any position during offseason workouts. But it was obvious to everyone the team belonged to Cassel.
"I go out there each and every day with that focus that I'm the starter," Cassel said during a June minicamp. "Competition brings out the best in everybody."
The signing will come as welcome news to Cassel's new coaches and teammates. Amiable and hardworking, online football betting he appeared to win over everyone at minicamp.
"I think he's got some unique leadership qualities. I think his teammates like him and have respect for him. I think he's doing a pretty good job on the field, too," Haley said last month. "He's doing everything that I'm asking him, that our coaches are asking him to do. I don't have one single complaint how he's carrying himself."
After one workout, wide receiver Devard Darling declared Cassel "a breath of fresh air."
"He has a lot of swagger, a lot of confidence. It's good for us," said Darling. "We trust in him that he's going to go out there and lead us all the way."
nse to accommodate his specific abilities.
Trapped on the bench behind Heisman winners Carson Palmer and Matt Leinart at USC and then unable to unseat Super Bowl MVP Brady at New England, Cassel seemed destined to be a backup all his life. As Brady was helped off the field last September, Cassel seized the opportunity he'd been waiting for since high school.
In his only sustained action since his teens, he hit 349 of 555 passes for 3,949 yards at New England. He had 23 touchdown passes and 13 interceptions as the Patriots, who had gone unbeaten through the regular season the year before, finished 11-5 and out of the playoffs.
Chiefs general manager Scott Pioli, who had been Bill Belichick's assistant in New England, engineered the trade after the Patriots became convinced that Brady would recover fully from his knee operation.
"Since Matt arrived in Kansas City, he has embraced the team and the community," Pioli said. "His work ethic, his ability and competitive presence is what we expect from our players."
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