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07/02/2009 - London, England (Sportsbook Betting Lines) - Arsenal's teenage midfielder Jack Wilshere has joined Aaron Ramsey in signing a new long-term contract with the Gunners.
The 17-year-old broke into the first-team picture at the Emirates Stadium last season, scoring once in eight appearances, with his lone strike coming in a 6-0 Carling Cup thrashing of Sheffield United.
Gunners boss Arsene Wenger told the club's official website: "It is such great news that Jack has signed a new long-term contract.
"Jack made great progress last season, playing at Under-18s, reserves and first-team level and we all witnessed what a great young talent he is.
"At just 17 years of age, the potential is huge for Jack and we are all delighted he has committed his long-term future to Arsenal."
(Courtesy of sportbox.tv)
<< Dortmund: Zidan to stay put
Dortmund, Germany (Sportsbook Betting Lines) - Borussia Dortmund coach Jurgen Klopp
insists that his club have no intention of selling Egypt striker Mohamed Zidan
in the current transfer window.
The 27-year-old struggled to make an impact
<< Agent: Vidic to stay at United
Manchester, England (Sportsbook Betting Lines) - The agent of Manchester United defender
Nemanja Vidic has moved to try and put an end to speculation linking his client
with a summer exit from Old Trafford.
The 27-year-old Serbia international ha
<< Bruins bring back Recchi with one-year deal
Boston, MA (Sportsbook Betting Lines) - The Boston Bruins re-signed veteran winger
Mark Recchi to a one-year contract on Thursday. Per club policy, terms of the
deal will not be disclosed.
Recchi posted 10 goals and six assists in 18 games for
<< Mets overcome deficit, blown save; beat Pirates in 10
Pittsburgh, PA (Sportsbook Betting Lines) - Ryan Church collected three hits and drove
in two runs, including the deciding one in the 10th inning, as the New York
Mets rallied from a five-run deficit to top Pittsburgh, 9-8, in the makeup
contest
Chelsea secures Turnbull signing >>
London, England (Sportsbook Betting Lines) - Chelsea has completed the signing of goalie
Ross Turnbull on a four-year contract from relegated Middlesbrough.
The 24-year-old former England Under-21 international was out of contract with
the Teessider
Kim's record 62 leads AT&T National >>
Bethesda, MD (Sportsbook Betting Lines) - Defending champion Anthony Kim set the course
record with an eight-under 62 at Congressional, taking the first-round lead
Thursday at the AT&T National.
Tiger Woods, the tournament host, shot a six-
RSL, S.J. to battle in Friday fixture >>
Sandy, UT (Sportsbook Betting Lines) - The San Jose Earthquakes travel to take on Real
Salt Lake in Major League Soccer action on Friday night as the two Western
Conference rivals battle for position.
Both team are in the bottom half of the con
Panthers sign Leopold, Wilson >>
Sunrise, FL (Sportsbook Betting Lines) - The Florida Panthers bolstered their defensive
corps Thursday by signing both Jordan Leopold and Clay Wilson.
Leopold, who signed a one-year contract, was acquired on the NHL Draft's
second day from Calg
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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