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02/08/2012 - London, England (Sportsbook Betting Lines) - The Football Association confirmed on Wednesday that Fabio Capello has resigned as England manager.
Capello was critical of the FA in an interview with Italian television when it was announced that John Terry had been stripped of the England captaincy amid charges of racial abuse against QPR's Anton Ferdinand.
Terry's trial is not set to begin until July, which is after this summer's European Championships, and Capello did not agree with the FA's decision to strip the Chelsea defender.
A meeting was held on Wednesday between Capello and the board, and the Italian decided to tender his resignation, which the FA accepted.
A statement from the FA read: "The Football Association can confirm that Fabio Capello has today resigned as England manager. This follows a meeting involving FA chairman David Bernstein, FA general secretary Alex Horne and Fabio Capello at Wembley Stadium.
"The discussions focused on The FA Board's decision to remove the England team captaincy from John Terry, and Fabio Capello's response through an Italian broadcast interview.
"In a meeting for over an hour, Fabio's resignation was accepted and he will leave the post of England manager with immediate effect."
No announcement over a replacement was made on Wednesday with a media conference set to take place on Thursday.
Capello took charge of the England squad in December 2007 but was only able to guide England to the second round of the 2010 World Cup, where the Three Lions were soundly beaten by Germany, 4-1.
The 65-year-old helped England qualify for this summer's European Championships and had previously announced that the competition would be his last as manager of the team.
<< Good weather means increases at Oaklawn
Hot Springs, AR (Sportsbook Betting Lines) - Not one day of racing has been missed at
Oaklawn Park in 2012 allowing the track to increase daily purses. The track
announced Wednesday that overnight purses are going up $5,000 a day starting
this we
<< Padres take a flyer on Jeff Suppan
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres on Wednesday signed
veteran hurler Jeff Suppan to a minor league contract with an invitation to
spring training.
Last season, the 37-year-old right-hander went 11-8 with a 4.7
<< No problem: Houston lands 2013 NBA All-Star Game
Houston, TX (Sportsbook Betting Lines) - The 2013 All-Star Game will be held in Houston,
the NBA officially revealed on Wednesday.
The game itself will be played at the Toyota Center on Sunday, February 17
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<< Falcao tabbed as new Bahia boss
Bahia, Brazil (Sportsbook Betting Lines) - Paulo Roberto Falcao was named the new
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Marlins' Bonifacio wins in arbitration >>
Miami, FL (Sportsbook Betting Lines) - Arbitrators ruled Wednesday in favor of Emilio
Bonifacio against the Miami Marlins.
Bonifacio will make $2.2 million next season instead of the $1.95 million
salary targeted by the team, according to MLB.
Reds, Ludwick complete 1-year deal >>
Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Reds and outfielder Ryan
Ludwick have finalized a one-year contract.
The deal, reported last month but not announced until Wednesday, includes a
mutual option for the 2013 season.
T
Capello leaves England no better than he found it >>
(Sportsbook Betting Lines) - The appointment of Fabio Capello as manager of England's
national team in December 2007 was supposed to be a step in the right
direction following the disappointing 18-months that Steve McClaren spent at
the hel
Panthers sign long snapper to 4-year deal >>
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers signed long snapper
J.J. Jansen to a four-year contract on Wednesday.
Jansen, 26, has played all 48 games in his three NFL seasons with the Panthers
and went without a mistake this p
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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