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02/16/2007 - San Jose, CA (Sportsbook Betting Lines) - The San Jose Sharks acquired forward Alexander Korolyuk from the New Jersey Devils in exchange for a third-round pick in the 2007 NHL Draft.
Korolyuk has spent the last three seasons playing primarily for Chekhov Vityaz in the Russian Elite League, having recorded 14 goals and 24 assists in 39 games this year.
"We are very excited to have Alex rejoin our organization and we look forward to him integrating quickly into our line-up," said San Jose executive vice president and general manager Doug Wilson. "He brings an added element to our team that has been very effective in the past. Alex knows our style of play and we expect him to be a natural fit."
Korolyuk last played in the NHL with San Jose in the 2003-04 season, when he posted 19 goals and 18 assists in 63 games. The Sharks advanced to the Western Conference finals that season with Korolyuk tallying five goals and two assists in 17 playoff games.
<< Hawks' Johnson gets late reward
(Sportsbook Betting Lines) - Hope Joe Johnson has a good travel agent, because it must
have been tough making those last-minute switches for this weekend.
It came very late, but Johnson was finally rewarded for his stellar season on
Wednesday when he
<< Sharapova, Serena pull out of Dubai event
Dubai, UAE (Sportsbook Betting Lines) - World No. 1 Russian Maria Sharapova and
Australian Open champion Serena Williams of the United States will skip next
week's Dubai Duty Free Women's Open.
The U.S. Open champion and Aussie Open run
<< Coyotes re-sign G Tellqvist, C Zigomanis to two-year deals
Scottsdale, AZ (Sportsbook Betting Lines) - The Phoenix Coyotes re-signed goaltender
Mikael Tellqvist and center Mike Zigomanis to two-year contracts on Friday.
Tellqvist, who was acquired from Toronto in November, has posted a record of
9-7-2
<< Calgary signs WR Thelwell
Calgary, AB (Sportsbook Betting Lines) - The Calgary Stampeders signed free agent wide
receiver Ryan Thelwell on Friday.
Thelwell joins the Stampeders after six years with the British Columbia Lions.
Last season, the former University of Minn
Forsberg gives Predators instant credibility >>
Philadelphia, PA (Sportsbook Betting Lines) - The city of Nashville is known primarily
as the country music capital of the world, but come this June, the town could
be pulling double duty as the center of the hockey universe.
That's how significant la
Rutgers signs Schiano to extension >>
Piscataway, NJ (Sportsbook Betting Lines) - Rutgers University and head football coach
Greg Schiano agreed to a four-year contract extension that will run through
the 2016 season.
Under the new deal, Schiano's compensation will increase to $1.5
Real Madrid look for revenge on Betis >>
Madrid, Spain (Sportsbook Betting Lines) - When the Spanish La Liga gets underway
Saturday, Real Madrid will be looking for revenge on a suddenly resurgent Real
Betis squad.
Betis, the 15th-placed team in the table, has been on the rise as
PSV looks to get break out of slump >>
Almelo, Holland (Sportsbook Betting Lines) - PSV Eindhoven will look to get back on
track in the Dutch Eredivisie on Saturday when it travels to Heracles Almelo
for its week 25 fixture.
PSV, the league leaders, have faltered the last three
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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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