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03/09/2010 - Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns acquired the rights to quarterback Seneca Wallace on Monday, sending an undisclosed 2011 draft pick to the Seattle Seahawks in exchange.
The trade is contingent on Wallace passing a physical later this week.
Wallace was never the No. 1 quarterback for the Seahawks but made 14 starts during his seven-year career with the club, which made him a fourth-round selection in the 2003 draft.
In all, he has appeared in 48 games and thrown for 3,547 passing yards with 25 touchdowns and 14 interceptions, compiling a QB rating of 83.1 along the way.
Wallace, 29, played under Mike Holmgren while with the Seahawks. Holmgren is now the Browns' president.
<< St. Mary's upsets No. 18 Gonzaga for WCC title
Las Vegas, NV (Sportsbook Betting Lines) - Mickey McConnell and Ben Allen each hit four
three-pointers to key the Gaels' terrific shooting effort, as St. Mary's
downed No. 18 Gonzaga, 81-62, to capture the West Coast Conference Tournament
title.
<< Siena captures third straight MAAC title
Albany, NY (Sportsbook Betting Lines) - Edwin Ubiles recorded a game-high 27 points
along with seven rebounds to help the Siena Saints past the Fairfield Stags
in overtime, 72-65, to win the Metro Atlantic Athletic Conference Tournament
Champio
<< Hornets hold off Warriors
New Orleans, LA (Sportsbook Betting Lines) - David West and Marcus Thornton each scored
28 points, as the New Orleans Hornets held on for a 135-131 win over the
Golden State Warriors.
Rookie Darren Collison finished with 16 points and a caree
<< Gallinari and Knicks squeak past Atlanta
New York, NY (Sportsbook Betting Lines) - Danilo Gallinari made four three-pointers and
finished with a game-high 27 points, as the New York Knicks escaped with a
99-98 win over the Atlanta Hawks at Madison Square Garden.
David Lee contributed a
Wofford beats Appalachian State, earns first NCAA berth >>
Charlotte, NC (Sportsbook Betting Lines) - Cameron Rundles had 20 points to help Wofford
capture the Southern Conference Tournament title with a 56-51 win over
Appalachian State.
The Terriers (26-8) captured their first title and gained the au
Kings cruise past listless Blue Jackets >>
Los Angeles, CA (Sportsbook Betting Lines) - Jonathan Quick needed to stop just 11 shots
for his third shutout of the season and Los Angeles scored four first-period
goals on its way to a 6-0 clobbering of Columbus.
Alexander Frolov had a goal and t
Nathan has significant ligament tear >>
Minneapolis, MN (Sportsbook Betting Lines) - Minnesota Twins closer Joe Nathan
reportedly has a significant ligament tear in his right elbow.
The Minneapolis Star-Tribune said tests revealed damage to the ulnar
collateral ligament.
2010 Atlantic Coast Conference Tournament Preview >>
Philadelphia, PA (Sportsbook Betting Lines) - The 57th-annual Atlantic Coast Conference
Tournament is on tap this week from the Greensboro Coliseum and will run from
opening round action on Thursday, March 11th through the championship game on
Sunday, Ma
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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