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06/23/2010 - Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls have named Celtics assistant Tom Thibodeau their new head coach, finalizing a move reported earlier this month.
Terms of the contract were not disclosed, but on June 5, the Chicago Tribune reported Thibodeau accepted the Bulls' offer of a three-year contract, with the move becoming official following the NBA Finals. Boston lost Game 7 of the Finals to the Los Angeles Lakers last Thursday.
"I am very excited to be here and to join the Bulls organization. Chicago is a great city with great fans and a storied history," said Thibodeau. "I would like to thank [owner] Jerry Reinsdorf and [general manager] Gar Forman for presenting me with such a terrific opportunity. We have a talented team with a good nucleus of players, and I am eager to get started."
This will be Thibodeau's first shot at a head coaching job after serving as an assistant for seven teams over 18 seasons. A defensive specialist, his teams have finished in the top 10 in team defense 16 times, including this year's Celtics, who were fifth in points allowed per game.
"As I went through the process to search for the next head coach of the Chicago Bulls, the longer the process went it became apparent that Tom was a perfect fit for the Bulls," said Forman. "He is a great communicator and teacher of the game, and he fits our organizational philosophy from a defensive standpoint. With his experience and knowledge of the NBA, I am confident he will be a great leader for our team."
Thibodeau, 52, began his NBA career as an assistant with the expansion Minnesota Timberwolves in 1989 and joined the Seattle SuperSonics in 1991-92 as a scout. He then worked for the San Antonio Spurs, Philadelphia 76ers, New York Knicks and Houston Rockets before joining Boston prior to the 2007-08 season.
Thibodeau will take over for Vinny Del Negro, who was fired on May 4 following two seasons in Chicago.
<< England advances on Defoe's goal
Port Elizabeth, South Africa (Sportsbook Betting Lines) - A first-half goal from Jermain
Defoe was enough to give England a 1-0 win over Slovenia at Nelson Mandela Bay
Stadium on Wednesday in the final match of Group C play for both teams,
allowin
<< Donovan's stoppage-time goal puts USA through
Pretoria, South Africa (Sportsbook Betting Lines) - The United States completed its FIFA
World Cup group stage with a 1-0 win over Algeria on Wednesday at Loftus
Versfeld Stadium thanks to a 91st minute winner from U.S. attacker Landon
Donovan
<< Angels hope to add to Dodgers' woes
(Sportsbook Betting Lines) - In addition to calling the same metropolitan area home,
both the Los Angeles Angels of Anaheim and Los Angeles Dodgers hold the title
of defending division champions. Only one of these teams has been playing like
a contender
<< Hudson, Buehrle square off in Windy City
(Sportsbook Betting Lines) - A matchup with one of the National League's top teams has
yet to slow down the surging Chicago White Sox, who'll put a seven-game
winning streak on the line when they resume a three-game series with the NL
East-leading Atlant
Italy still has work to do against Slovakia >>
Johannesburg, South Africa (Sportsbook Betting Lines) - All four teams are still alive
as Group F enters its final day of play on Thursday, but Italy has plenty of
work to do in order to reach the knockout round, which was unthinkable at the
start o
Surprising Kiwis hope to seize chance vs. Paraguay >>
Polokwane, South Africa (Sportsbook Betting Lines) - Group F was widely considered to be
the weakest group at this summer's FIFA World Cup, and while the action on the
field has not always been scintillating, it has been unpredictable.
Italy was wid
Lawrence Taylor indicted on rape charges >>
White Plains, NY (Sportsbook Betting Lines) - Hall of Fame linebacker Lawrence Taylor
was reportedly indicted on six charges, including rape, on Wednesday.
According to The Journal News, a Rockland County, New York grand jury indicted
Taylor on fel
Denmark, Japan clash with knockout spot on the line >>
Rustenburg, South Africa (Sportsbook Betting Lines) - Many times the build up to the
final match of the group stage is filled with various scenarios that would
determine what a given team would need to do in order to advance to the next
round.
Academy Award Betting Odds for Best Picture Offer Great Value
If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture. Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
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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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