Kansas AD Perkins to retire

NCAA Basketball Betting Lines

06/10/2010 - Lawrence, KS (Sportsbook Betting Lines) - The University of Kansas announced Thursday its athletics director of the past seven years, Lew Perkins, will retire effective September 4, 2011.

The revelation comes in the midst of a huge shift in the college landscape, as Colorado has announced its intentions to leave the Big 12 Conference for the Pac-10, while Nebraska is expected to bolt for the Big Ten as early as Friday, causing many to question the viability of the Big 12 going forward.

The Jayhawks have won the past six Big 12 regular season championships in men's basketball.

"I have loved my time here at the University of Kansas and I will continue leading Kansas athletics over the course of the next year," Perkins said. "At this time, my greatest priority is working on conference alignment issues, and as I've committed to the chancellor, I will work tirelessly on these efforts. Conference alignment is the biggest challenge we have before us as an athletics department and an institution."

Under Perkins, the Kansas athletics budget has more than doubled from $27 million to $55 million.

The highlight of his tenure was the 2008 NCAA men's basketball title, but the past few months have been mired in controversy, which includes a five-year ticket scandal that is currently being investigated by federal investigators, the tumultuous release of head football coach Mark Mangino that resulted in a $3 million settlement, and allegations of a former KU employee regarding an improper exchange of exercise equipment for preferential seating and irregularities in the school's drug-testing program.

Perkins, who was the head of athletics at the University of Connecticut for 13 years prior to taking over at Kansas, was cleared of the latter charge on Wednesday, as an investigation ordered by chancellor Bernadette Gray-Little found no evidence to substantiate the claims.

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FOOTBALL BETTING : Crabtree's base deal: six years, $32 million

Football Betting

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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