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07/23/2010 - Manchester, England (Sportsbook Betting Lines) - Nemanja Vidic has agreed to a contract extension with Manchester United, chief executive David Gill confirmed Friday.
Vidic's current deal expires in two years, and he has verbally agreed to a new deal that will add an unknown amount of years to the contract.
"It's yet to be signed - the paperwork is now being sorted by our lawyers and being checked by Nemanja's advisors. He's still away on holiday but the plan is that when he gets back the papers will be signed," Gill told MUTV.
"We've shaken hands on it and we're confident it will all be signed and sealed in early August."
Vidic, a Serbian, has developed into one of the best center backs in the world since joining United in 2006. He was rumored to on his way out of Manchester, but Gill also dismissed those reports Friday.
"There was a lot of speculation about Nemanja's future, but in my view it's been the media drumming some old stories," Gill said. "They certainly didn't come out of the Manchester United camp and I'm confident they didn't come out of Nemanja's camp."
<< St. Etienne's Sanogo out for three weeks
Saint Etienne, France (Sportsbook Betting Lines) - Saint-Etienne forward Boubacar Sanogo
will be sidelined for three weeks with a thigh injury and could miss the start
of the French Ligue 1 season, which starts the first weekend in August.
Sanogo left
<< Indians activate Choo, disable Laffey
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Indians have activated
outfielder Shin-Soo Choo from the 15-day disabled list.
He had been sidelined since suffering a right thumb injury in a game against
Oakland on July 2 while att
<< Canucks D Salo out with torn Achilles tendon
Vancouver, BC (Sportsbook Betting Lines) - Vancouver Canucks defenseman Sami Salo is
out indefinitely after suffering a torn Achilles tendon.
The Vancouver Sun reported on Friday that Salo was injured in his native
Finland while playing a
<< Mika Miyazato leads Evian Masters
Evian-les-Bains, France (Sportsbook Betting Lines) - Mika Miyazato shot a five-under 67
to take the second-round lead Friday at the Evian Masters.
Miyazato finished 36 holes on the Evian Masters Golf Club with a nine-under
135 and will carry a one-sho
Hamburg signs midfielder Kacar to five-year deal >>
Hamburg, Germany (Sportsbook Betting Lines) - Hamburg signed Serbian midfielder Gojko
Kacar to a five-year contract Friday through the 2014-15 Bundesliga season.
Kacar, 23, previously played for Hertha Berlin, which was relegated after last
season.
Dynamo jump back into league action at Crew >>
Columbus, OH (Sportsbook Betting Lines) - The Houston Dynamo get back into Major League
Soccer action on Saturday after a two week break when they travel to take on
the Columbus Crew at Crew Stadium.
The Dynamo (5-7-4) played three SuperLiga
Riera leaves Liverpool to join Olympiakos >>
Athens, Greece (Sportsbook Betting Lines) - Albert Riera has left Liverpool to sign with
Olympiakos, the Greek club announced on Friday.
Riera signed with Liverpool from Spanish side Espanyol in 2008 for a fee of
$12 million, but he has now moved t
Timberwolves' Kahn fined for inappropriate remarks >>
New York, NY (Sportsbook Betting Lines) - Minnesota Timberwolves president of basketball
operations David Kahn has been fined $50,000 for his recent remarks about
forward Michael Beasley, for whom the team recently traded.
Kahn spoke about Beasl
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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