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03/09/2010 - East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants inked quarterback Jim Sorgi on Tuesday.
The 29-year-old Wisconsin product, who was the backup to Peyton Manning in Indianapolis for the past six seasons, now gets the chance to compete with Rhett Bomar to provide support for Giants' starting signal-caller Eli Manning.
"Both are elite players," said Sorgi. "I had a great time working with Peyton, and I learned a lot, obviously. The experience was invaluable as far as my development as a professional. I hate to see my time in Indianapolis come to an end, but I am as excited about working with Eli as I am sad about leaving Peyton, and I look forward to working with Eli and helping him any way I can. I have been fortunate to work with Peyton, who has one of the greatest minds in the game."
Sorgi appeared in one game for the Colts last year, and did not throw a pass or make a rushing attempt, before a shoulder injury cut his season short. He went 22-of-30 for 178 yards in one game two seasons ago.
"I thought my workout was excellent and my shoulder felt great," said Sorgi. "I just need to continue to work on maintenance with it, but I want to be a player the Giants can count on to get the job done if need be. I am excited to be here."
Since 2004, the Michigan native has completed 99-of-156 passes for 929 yards, six touchdowns and one interception over 16 games. He was a member of the Indianapolis club which won Super Bowl XLI over the Chicago Bears following the 2006 campaign.
<< Edwards receives three-race probation for Atlanta incident
Daytona Beach, FL (Sportsbook Betting Lines) - Carl Edwards avoided suspension but
received a three-race probation period from NASCAR after intentionally
wrecking Brad Keselowski in last Sunday's Kobalt Tools 500 at Atlanta Motor
Speedwa
<< NBA suspends Granger, Frye
New York, NY (Sportsbook Betting Lines) - The National Basketball Association on Tuesday
levied one-game suspensions without pay against Indiana Pacers forward Danny
Granger and Phoenix Suns center Channing Frye.
Both men were hit with the penal
<< Cooke hit, GM meetings give NHL shot to protect players
Philadelphia, PA (Sportsbook Betting Lines) - Here we go again.
The NHL has yet another chance to address the issue of blows to the head, and
while it's never a good thing when a questionable hit brings the topic into the
limelight, the latest infract
<< Rooney returns to training for United
Manchester, England (Sportsbook Betting Lines) - Manchester United has been handed a big
boost ahead of Wednesday's Champions League last 16 second leg clash with AC
Milan after Wayne Rooney was able to take part in training on Tuesday morning.
Roon
UL-Lafayette to look for new men's hoops coach >>
Lafayette, LA (Sportsbook Betting Lines) - The University of Louisiana-Lafayette has
decided not to retain men's basketball coach Robert Lee, whose contract
expired at the conclusion of this season.
Lee had spent the past 14 seasons with
NASCAR suspends crew members for substance abuse violation >>
Daytona Beach, FL (Sportsbook Betting Lines) - NASCAR on Tuesday indefinitely suspended
two crew members for violating the sanctioning body's substance abuse policy.
According to a news release, William Keith, a crew member of the No.38 Front
Row
Pats make it official with Wilfork, Neal >>
Foxborough, MA (Sportsbook Betting Lines) - The New England Patriots officially
announced the signings of defensive tackle Vince Wilfork and guard Stephen
Neal on Tuesday.
Terms of the deal were not disclosed, but a report from Bost
Big East Conference Tournament Recaps >>
New York, NY (Sportsbook Betting Lines) - Dominque Jones scored 20 points with nine
rebounds as South Florida downed DePaul, 58-49, in first-round action at the
Big East Tournament.
Mike Mercer added 14 points and five boards for the Bulls (20-
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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