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10/21/2009 - Ann Arbor, MI (Sportsbook Betting Lines) - University of Michigan director of athletics Bill Martin will retire from his position on September 4, 2010, he announced Wednesday.
Martin notified school president Mary Sue Coleman with a letter, indicating the two had discussed his retirement for a couple of years.
"For nearly a decade, Bill has shown truly outstanding leadership as Athletic Director at the University of Michigan," Coleman said in a statement. "He has not only done a superb job of attracting top coaches for the full range of Michigan sports, but he has also assembled an excellent management team to oversee all aspects of athletics operations."
Coleman also said Martin will remain as AD until a successor is in place, then will serve as a special advisor until he retires in September. Coleman said she will personally oversee the search for Michigan's next AD, which she expects to take "a number of months."
Martin has been in his position since August 2000, several months after he was named interim AD. He was initially given a five-year appointment, but remained in his role and helped steer the school's football stadium renovation project.
<< Safin upsets Davydenko in Moscow
Moscow, Russia (Sportsbook Betting Lines) - Unseeded Marat Safin toppled top-seeded
fellow Russian Nikolay Davydenko in opening-round action Wednesday at the
$1.08 million Kremlin Cup tennis event.
The former world No. 1 Safin, who expects
<< CFL Previews - Week 17 - October 23-24
Philadelphia, PA (Sportsbook Betting Lines) -
HAMILTON TIGER-CATS (6-9) AT TORONTO ARGONAUTS (3-12)
DATE & TIME: Friday, October 23, 7:00 p.m. (et).
GAME NOTES: The Hamilton Tiger-Cats try to snap a six-game road losing streak
on Friday nigh
<< Nationwide Tour adds new event in Jacksonville
Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The Nationwide Tour has announced a
new event for next season, adding the Winn-Dixie Jacksonville Open to the
schedule for 2010.
The event will be played in October on the Dye's Valley
<< Rays tab Shelton as hitting coach
St. Petersburg, FL (Sportsbook Betting Lines) - The Tampa Bay Rays have named Derek
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"Derek has proven himself to be one of the better minds in baseball when it
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Pugh pens Potters extension >>
Stoke-on-Trent, England (Sportsbook Betting Lines) - Former Manchester United midfielder
Danny Pugh has penned a one-year contract extension with Stoke City that will
keep him at the Britannia Stadium until the summer of 2012.
The 27-year-old accep
Bologna sacks Papadopulo >>
Bologna, Italy (Sportsbook Betting Lines) - Struggling Bologna have fired coach Giuseppe
Papadopulo after winning only one of their first eight Serie A games this
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Former player Franco Colomba has been named as Papadopulo's successor hav
Cardinals' Pujols has successful surgery >>
St. Louis, MO (Sportsbook Betting Lines) - St. Louis Cardinals slugger Albert Pujols
underwent a successful arthroscopic debridement of bone spurs in his right
elbow Wednesday morning.
The procedure, which also included the removal of bone c
Brees, DeCoud, Stroughter earn NFC weekly honors >>
New York, NY (Sportsbook Betting Lines) - New Orleans Saints quarterback Drew Brees,
Atlanta Falcons safety Thomas DeCoud and Tampa Bay kick returner Sammie
Stroughter have been named the NFC's top players for Week 6 of the NFL season.
Bree
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.
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.
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