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01/17/2012 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs agreed to terms on one-year contracts with six salary arbitration-eligible players, including catcher Geovany Soto.
The announcement, made Tuesday, didn't include salary figures for Soto or the other five players: right-handed pitchers Chris Volstad and Randy Wells; and infielders Blake DeWitt, Jeff Baker and Ian Stewart.
Soto also signed a one-year deal last January to avoid arbitration and played on a $3 million contract, hitting .228 with 17 homers, 54 runs knocked in and a .310 on-base percentage.
The soon-to-be 29-year-old catcher has played parts of seven major league seasons for the Cubs and is three years removed from belting 23 home runs with 86 RBI and a .285 average to win NL Rookie of the Year in 2008.
Volstad, who was acquired from the Marlins earlier this month, was 5-13 with a 4.89 earned run average in 29 starts for Florida last season. He spent his first four years with the team.
Wells has a 27-30 record in 86 major league appearances, most of them starts and all but one of them coming with the Cubs. He was 7-6 with a 4.99 ERA in 23 starts for Chicago last season.
DeWitt batted .265 in 121 games for the Cubs last season, splitting time in the infield and outfield.
Baker has played the last two-plus seasons in Chicago and batted .269 last year while playing mostly the infield, and Stewart joined the Cubs in a trade with Colorado last month. He batted .156 in 48 games for the Rockies in 2011.
<< Twins reach agreements with P Liriano, Perkins
Minneapolis, MN (Sportsbook Betting Lines) - The Minnesota Twins agreed on Tuesday to
one-year contracts with left-handed pitchers Francisco Liriano and Glen
Perkins, avoiding arbitration.
Liriano, 29, posted a 9-10 record with a 5.09
<< Boca Juniors signs Uruguayan forward Silva
Buenos Aires, Argentina (Sportsbook Betting Lines) - Boca Juniors inked forward Santiago
Silva from Italian side Fiorentina on Tuesday, but the Uruguayan will not be
eligible to play in the upcoming Clausura season.
Silva, 31, will be eligible for C
<< Giants agree to terms with Schierholtz
San Francisco, CA (Sportsbook Betting Lines) - The San Francisco Giants have
avoided arbitration with Nate Schierholtz, signing the outfielder to a one-
year contract.
Schierholtz hit .278 with nine home runs and 41 RBI in 115 game
<< Lille signs striker Roux from Brest
Lille, France (Sportsbook Betting Lines) - Lille acquired striker Nolan Roux from Brest
on Tuesday for $10 million, and signed him to a 4 1/2-year contract.
Roux, 23, has scored 25 times in 80 matches in all competitions for Brest. He
had four goals
Reds reach deals with Bailey, Janish >>
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Reds have signed pitchers
Bill Bray and Homer Bailey and shortstop Paul Janish to one-year contracts.
Bailey achieved career highs in innings pitched (132), wins (nine), strikeouts
(106)
Rangers agree to terms with P Harrison >>
Arlington, TX (Sportsbook Betting Lines) - The Texas Rangers agreed to terms with
pitcher Matt Harrison on a one-year contract Tuesday, avoiding arbitration.
Harrison went 14-9 with a 3.39 earned run average in 31 appearances -- 30
starts
Louisville's Buckles out for year with torn ACL >>
Louisville, KY (Sportsbook Betting Lines) - Louisville junior forward Rakeem Buckles
will miss the remainder of season and all of next season after suffering a
torn anterior cruciate ligament in his left knee during Monday's game at
Marquet
No. 2 Notre Dame rips Pitt >>
South Bend, IN (Sportsbook Betting Lines) - Devereaux Peters scored 20 points and
Natalie Achonwa added 19 points and seven rebounds as No. 2 Notre Dame cruised
to a 120-44 win over Pittsburgh on Tuesday.
Kaila Turner netted 14 points and S
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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