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07/23/2010 - Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns made it official on Friday and signed quarterback Colt McCoy to a multi-year contract.
Terms of the deal for the former University of Texas star were not disclosed, but the Cleveland Plain Dealer reported it to be a four-year pact worth $4.96 million with a signing bonus of $751,000.
McCoy was selected with the 85th overall pick of the 2010 draft after a stellar career at Texas. He was a First-Team All-America in his senior season of 2009, won the Maxwell Award as the nation's top player and set an NCAA record as the winningest quarterback with 45 career victories.
In 53 career starts, McCoy threw for 13,253 yards and 112 touchdowns with 45 interceptions. He also ran for 20 touchdowns and racked up 1,571 rushing yards.
The Browns also signed offensive lineman Shawn Lauvao to a multi-year deal. The Arizona State product was chosen with the 92nd overall pick.
<< New England Patriots 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATES: July 25th (Rookies), July 28th (Veterans)
SITE: Gillette Stadium, Foxboro, MA
CAMP OBJECTIVES: Apart from Randy Moss, the men Tom Brady will be throwing to
on Week 1 are unknown. Wes Welker is unlikely t
<< Cincinnati Bengals 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATE: July 28th
SITE: Georgetown College, Georgetown, KY
CAMP OBJECTIVES: After making the playoffs with what was primarily a ground-
control offense last season, the Bengals made a number of moves in the
offs
<< Buffalo Bills 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATE: July 29th
SITE: St. John Fisher College, Pittsford, NY
CAMP OBJECTIVES: Chan Gailey, the only new head coach in the AFC in 2010, has
some work cut out for him in his first training camp with the Bills. Fi
<< Denver Broncos 2010 Training Camp Preview
(Sportsbook Betting Lines) -
REPORT DATE: July 26th (rookies), July 31st (veterans)
SITE: Paul D. Bowlen Memorial Broncos Centre, Englewood, CO
CAMP OBJECTIVES: It's going to be a messy summer at the glamour positions for
the Broncos. Kyle Orton
Cavaliers sign 2009 first rounder Eyenga >>
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have signed
guard/forward Christian Eyenga.
Per team policy, no details of the deal were announced.
The 21-year-old Eyenga was the Cavs' first-round choice and the 30th o
Bacsinszky, Meusburger advance in Bad Gastein >>
Bad Gastein, Austria (Sportsbook Betting Lines) - Second-seeded Timea Bacsinszky of
Switzerland and Austrian veteran Yvonne Meusburger were among the quarterfinal
winners Friday at the Gastein Ladies tennis tournament.
Bacsinszky, the highest-rem
Choi takes 1-shot lead in Sweden >>
Stockholm, Sweden (Sportsbook Betting Lines) - K.J. Choi took the lead Friday at the
Scandinavian Masters with a five-under 67 in the second round.
Choi finished 36 holes on the Stadium Course at Bro Hof Slott Golf Club with a
nine-under 135, movi
Dallas puts road unbeaten run on line at Toronto >>
Toronto, ON (Sportsbook Betting Lines) - FC Dallas has not lost on the road since April
and puts its six-match road undefeated streak on the line Saturday at Toronto
FC, which is one of three Major League Soccer teams still unbeaten at home.
FC Dall
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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