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07/13/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Tuesday the sports world lost one of its most recognizable figures when a heart attack claimed the life of George Steinbrenner. The owner of the New York Yankees passed away at the age of 80.
While best known as the owner of the Bronx Bombers, the Ohio-native was very much involved in thoroughbred racing. He raced under the name of Kinsman Stable and bred horses at Kinsman Farm in central Florida.
"The thoroughbred racing world joins the rest of the sporting community in mourning the death of George Steinbrenner," said Alex Waldrop, President and CEO of the National Thoroughbred Racing Association. "He was a devoted owner and breeder and philanthropist for more than 40 years, and his Kinsman Farm near Ocala, FL, produced numerous stakes winners. His many contributions to our sport are greatly appreciated, and he will be sorely missed."
Steinbrenner never won a Triple Crown race, though he had serious contenders for the Run for the Roses. In 2005 he even had the post-time favorite for the 1 1/4-mile race at Churchill Downs.
Bellamy Road, a colt purchased by Steinbrenner, had won the Wood Memorial at Aqueduct prior to starting in the Kentucky Derby. The three-year-old was made the 5-2 favorite for the race over Arkansas Derby champ Afleet Alex, Santa Anita Derby winner Buzzards Bay and Blue Grass Stakes champ Bandini.
Ridden by Javier Castellano, Bellamy Road sat third at the start behind pacesetters Spanish Chestnut and Going Wild. Coming off the final turn, Steinbrenner's colt was second, only a head in back of stablemate High Fly.
But Bellamy Road picked the wrong year to challenge for the lead in the Kentucky Derby. The fast pace (the first six furlongs went in 1:09 2/5) took its toll on the front-runners and a pair of longshots Giacomo (50-1) and Closing Argument (71-1) came charging down the stretch to finish first and second, respectively.
Steinbrenner's horse couldn't keep up and faded to seventh in the 20-horse field. Bellamy Road was one of six Kentucky Derby starters that Mr. Steinbrenner had.
Bellamy Road was not entered in the remaining two Triple Crown races, but he came back to finish second to Flower Alley in the Travers as the 2-1 second choice.
In his career Bellamy Road won four of seven starts with one second-place finish and banked $811,400.
"The two best horses I ever trained,' said Nick Zito, "were Unbridled's Song and Bellamy Road."
Along with his involvement with Major League Baseball and thoroughbred racing, Steinbrenner was a benefactor of the Penn Relays track and field carnival. His father, running for MIT, was the 1927 high hurdles champion at the Franklin Field event. George was a hurdler at Williams College and the Lockbourne Air Base.
<< Tottenham's Bentley suffers injury setback
London, England (Sportsbook Betting Lines) - Midfielder David Bentley will miss
Tottenham Hotspur's preseason tour to the United States with ankle ligament
damage.
Bentley limped out of Saturday's friendly against Bournemouth after land
<< Ilgauskas follows LeBron to Miami
Cleveland, OH (Sportsbook Betting Lines) - Center Zydrunas Ilgauskas has apparently
decided to join former Cavaliers teammate LeBron James in Miami.
The Plain Dealer of Cleveland reported Tuesday afternoon that Ilgauskas will
sign with the Hea
<< Gosling set to join promoted Newcastle
Newcastle, England (Sportsbook Betting Lines) - Newcastle United appears to have won the
race to sign Dan Gosling, who left Everton last week in controversial
circumstances.
However, United boss Chris Hughton will not be able to unveil the $
<< Dundee signs Swanson to extension
Dundee, Scotland (Sportsbook Betting Lines) - Dundee United midfielder Danny Swanson
has penned a contract extension to keep him at Tannadice until the summer of
2012.
The 23-year-old has scored seven times in 87 appearances for the Terrors t
Pennetta, hot Rezai, Errani move on in Palermo >>
Palermo, Italy (Sportsbook Betting Lines) - Top-seeded Italian favorite Flavia
Pennetta, last week's Bastad champion Aravane Rezai and 2009 Palermo runner-up
Sara Errani of the host nation posted first-round victories Tuesday at the
$220,00
Carr to retire from Michigan athletic department >>
Ann Arbor, MI (Sportsbook Betting Lines) - Former Michigan head football coach and
current associate athletic director Lloyd Carr will retire from the school's
athletic department in September.
Carr will officially retire September 1, endin
Sydor calls its a career >>
St. Louis, MO (Sportsbook Betting Lines) - Defenseman Darryl Sydor announced his
retirement Tuesday after 18 seasons in the NHL.
Sydor, 38, played in 47 games for the Blues last season, posting eight
assists.
"I've known Darryl fo
Judge sets Aug 4 auction of Texas Rangers >>
FORT WORTH, Texas (AP) -A federal bankruptcy judge has decided that the Texas Rangers will be auctioned off after all.U.S. Bankruptcy Judge D. Michael Lynn set the date for Aug. 4.Major League Baseball endorsed its preferred buyer - a group led by t
Mayweather picked to beat De La Hoya
LAS VEGAS, NEVADA -- Golden Boy Oscar De La Hoya and his rival Floyd Mayweather Jr. arrived at the MGM Grand here Wednesday amid the pomp and pandemonium befitting two of the biggest stars in the sport who are about to duke it out for the WBC super welterweight crown this Saturday (Sunday in Manila).
As of Wednesday, MySportsbook.com closed its book with Mayweather a favorite to defeat De La Hoya at -170 (a $100 bet wins $70), while De La Hoya is a +140 underdog (a $100 bet wins $140).
Mayweather arrived at about 11:30 a.m. on a big truck with his face and a big "World's Best Pound-for-Pound" sign scribbled across the vehicle. He was accompanied by his entourage made up of rappers and his training team.
A crowd of close to 3,000 eager fans packed the MGM Grand lobby, with their cameras in tow, all trying to vie for position to get a good angle at Mayweather, who is acknowledged as the world's best fighter pound-for-pound.
Eric Gomez, Golden Boy Promotions vice-president, described the fan turnout as "amazing" and swore he had never seen anything quite like this event.
"The crowd was fantastic. Everybody was just too eager to see the two fighters," said ALA manager Michael Aldeguer, who was among those who waited at the lobby together with his ward Rey "Boom Boom" Bautista and AJ Banal.
De La Hoya made his own grand entrance at the hotel lobby at around 12:30 p.m. accompanied by GBP chief executive officer Richard Schaefer and trainer Freddie Roach.
The same group of fans who trooped to see Mayweather also lingered around to get a close look at De La Hoya, who has been secretly working out at a Las Vegas gym for days after arriving from his main training camp in Puerto Rico.
The golden boy then took part in a closed-door afternoon workout with Bautista and Banal. The two, along with Aldeguer and wife Christine, as well as an HBO crew were the only ones allowed inside the gym.
De La Hoya and Mayweather take part in today's final press conference before the official weigh-in this Friday.
Ring Magazine, the acknowledged bible of boxing, reported in its June 2007 issue that 12 out of 20 boxing experts it interviewed have favored Mayweather to defeat De la Hoya, with only 8 favoring the latter.
But Filipino ring icon Manny Pacquiao said in a recent interview with The Freeman's Emmanuel Villaruel that De La Hoya will win by unanimous decision over Mayweather.
To visit this online sportsbook got to MySportsbook.com for all your bet on boxing needs.
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.
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.
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