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08/12/2010 - Cortland, NY (Sportsbook Betting Lines) - The New York Jets and holdout cornerback Darrelle Revis will keep the remainder of their contract negotiations confidential.
Revis, who has three years remaining on his rookie contract, wants to be the highest-paid player at his position and both sides appear to be at an impasse.
The New York Daily News has reported that the Jets have offered Revis a 10- year deal worth $120 million, but have not included the specific amount of guaranteed money.
Revis wants to surpass the contract signed last year by Oakland's Nnamdi Asomugha, who is set to average $16.5 million over the next two years.
After the first episode of "Hard Knocks," which provides an inside look at the Jets' training camp, aired on HBO Wednesday night, both parties said Thursday the talks will stay private.
"Both parties have had conversations to clear the air and will continue to negotiate with the hopes of reaching an agreement," a joint statement from the Jets and Revis' agents read Thursday. "From this point forward, all discussions regarding these negotiations will remain confidential."
Revis' agents have been quoted in the New York papers as saying they have given the team contract proposals that would make the All-Pro a Jet for life.
The Jets, in the "Hard Knocks" episode, painted a dark picture of the contract talks.
General manager Mike Tannenbaum was quoted as saying Revis' agents "haven't said one thing that I agree with. We're so freakin' far apart that I feel like a failure right now."
Jets head coach Rex Ryan has been saying during his media briefings at training camp that the team is preparing as if Revis won't be with the team. He also was quoted on the "Hard Knocks" program as saying the team "will not be bullied by anybody."
Revis is reportedly due to make just $1 million this year as part of the deal that he held out for as a rookie. However, had he not held out and reported to training camp, a $20 million guarantee over the final two years would have kicked in.
<< Trail Blazers hire pair of assistant GMs
Portland, OR (Sportsbook Betting Lines) - The Portland Trail Blazers rounded out their
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Terms of the contracts were not disclosed.
"I've ha
<< Rangers sale approved by MLB
New York, NY (Sportsbook Betting Lines) - Major League Baseball has approved the sale of
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<< Cal hopes lower expectations lead to more success
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United signs striker Bebe from Guimaraes >>
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Wozniacki exits Cincy >>
Mason, OH (Sportsbook Betting Lines) - U.S. Open runner-up Caroline Wozniacki was a
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Former Wimbledon runner-up
USC freshman RB Baxter suspended for season opener >>
Los Angeles, CA (Sportsbook Betting Lines) - Southern California freshman running
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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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