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03/03/2009 - Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos released a statement Tuesday saying quarterback Jay Cutler will remain with the team and will not be dealt, contrary to published reports.
"The Denver Broncos are not trading Jay Cutler. Period," Broncos spokesman Patrick Smyth said.
The team said head coach Josh McDaniels and Cutler will meet next week once the QB returns to Denver from Nashville.
According to the Denver Post, Cutler was involved in a trade proposal that would have sent him to Tampa Bay and New England quarterback Matt Cassel to Denver. The trade never took place though, as Cassel was traded to the Kansas City Chiefs.
"I do think under the circumstances it was very poor on their part if in fact they were trying to trade Jay," Cutler's agent Bus Cook told the Denver Post prior to Tuesday's announcement by the Broncos. "You don't know what's true and what's not true. Depends on what you read. It's unfortunate because Jay was getting in the groove out there in Denver, and all this just threw him out of kilter."
Drafted by Denver as the 11th overall pick in the 2006 draft, Cutler has thrown for 9,024 yards and 54 touchdowns against 37 interceptions in his first three seasons with the Broncos. This past season he topped the AFC with 4,526 passing yards.
<< Coast Guard calls off search for missing boaters
Clearwater, FL (Sportsbook Betting Lines) - The Coast Guard held a news
conference Tuesday afternoon to announce they have suspended the search
for three missing boaters, including Oakland Raiders linebacker
Victor
<< Report: Oakland, Garciaparra near deal
Phoenix, AZ (Sportsbook Betting Lines) - The Oakland Athletics are reportedly close to
signing infielder Nomar Garciaparra to a one-year contract.
A source familiar with the negotiations confirmed to MLB.com on Tuesday the
two parties are in the
<< Berenson, Michigan agree to extension
Ann Arbor, MI (Sportsbook Betting Lines) - The University of Michigan signed fabled
hockey head coach Gordon "Red" Berenson to a one-year contract extension
through the 2009-10 campaign, athletic director Bill Martin announced Tuesday.
Bere
<< Tamp Bay Buccanneers
Signed running back Derrick Ward.
A-Rod to see hip specialist >>
Tampa, FL (Sportsbook Betting Lines) - New York Yankees third baseman Alex Rodriguez
will fly to Vail, Colo., on Wednesday to see hip specialist Dr. Marc Phillipon
at Steadman-Hawkins Clinic.
After experiencing right hip tightness at Spring T
Hossa leaves game on stretcher >>
St. Louis, MO (Sportsbook Betting Lines) - Detroit Red Wings right winger Marian Hossa
left Tuesday's game against the St. Louis Blues on a stretcher, early in the
first period.
One of the game's premier players, Hossa was checked by Blues defense
Bobcats easily handle Bulls, win fourth straight >>
Charlotte, NC (Sportsbook Betting Lines) - Raymond Felton scored 18 points and doled out
nine assists to lead the Bobcats to their season-high fourth consecutive win
with a 96-80 rout of the Bulls.
Raja Bell also tallied 18 points for Charlotte, wh
Gagne leads Flyers over Bruins in Boston >>
Boston, MA (Sportsbook Betting Lines) - Simon Gagne scored twice and set up another
tally, as the Philadelphia Flyers used a three-goal third period to upend the
Boston Bruins, 4-2, at TD Banknorth Garden.
Mike Knuble registered a goal and two
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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