PGA Tour set to ban clubs after Ping waives rights

Golf Betting Lines

03/08/2010 - Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The grandfathered wedges and irons used by Phil Mickelson and others this season will no longer be allowed on the PGA Tour after the company that makes them agreed to waive its rights from a decades-old lawsuit.

The waiver, announced Monday, means Ping's controversial Eye2 clubs will no longer be exempted from the new PGA Tour regulations banning clubs with square grooves.

"We all believe it is in the best interests of golf," John Solheim, chairman and chief executive of Ping, said in a release

The waiver goes into effect March 29 and will apply to the PGA, Champions and Nationwide Tours. Following a request from the United States Golf Association, the waiver will also be applied to the U.S. Open.

"John Solheim and Ping had a terrific opportunity to do something very positive and significant for the game of golf and we very much appreciate his willingness to take this action," PGA Tour commissioner Tim Finchem.

Because of a 20-year-old settlement between Ping and the USGA, all EYE2 wedges made before April 1990 were exempted from the new rule that required players to switch to clubs with V-shaped grooves beginning this season.

The grooves regulation was implemented by the USGA to make it harder for players to control the ball out of the rough.

Mickelson carried an Eye2 wedge in his bag at Torrey Pines in January, prompting tour veteran Scott McCarron to accuse him of cheating. Other players, including John Daly, have also taken advantage of the loophole.

The waiver does not take all EYE2 irons and wedges out of competition. Clubs with grooves that conform to the new regulations will still be allowed. Ping said it has made EYE2 clubs with conforming grooves for several players.

Solheim said his company considered several solutions to the issue since meeting with USGA officials last month, but that waivers were the most appropriate way to honor the original competition agreements it had with the PGA Tour and USGA.

"The problem is solved on the PGA Tour and the integrity of the original agreements is unaffected," Solheim said, noting that the EYE2 clubs would still be allowed in amateur events played under USGA rules.

The USGA said it will conduct a forum later this year to discuss ways to improve the equipment rulemaking process.

Sportgambleonline Golf Betting News


<< Report: FCD signs former Wizards 'keeper Hartman
Frisco, TX (Sportsbook Betting Lines) - According to a report on the soccer blog 3rd Degree, FC Dallas has agreed to terms with former Kansas City Wizards goalkeeper Kevin Hartman. Hartman, a 13-year Major League Soccer veteran, was un

<< Pitt, Texas, Maryland and Illinois to play in Coaches vs. Cancer
Princeton, NJ (Sportsbook Betting Lines) - Pittsburgh, Texas, Maryland and Illinois will open the 2010-11 basketball season by participating in the Coaches vs. Cancer Classic. Those teams will serve as the four regional round hosts for the event.

<< Spurs' Parker won't need surgery for broken hand
San Antonio, TX (Sportsbook Betting Lines) - San Antonio Spurs guard Tony Parker won't need surgery for the broken bone in his right hand. Parker was examined Monday by Dr. David Green and the initial diagnosis of a non-displaced stable fracture o

<< Kansas returns to top spot in hoops poll
New York, NY (Sportsbook Betting Lines) - Kansas is back atop the men's basketball world, taking the top spot in the Associated Press poll for the third time this season. The Jayhawks (29-2) were the preseason No. 1 and spent the first eig

<< Stewart leads NHL's Three Stars
New York, NY (Sportsbook Betting Lines) - Colorado Avalanche right wing Chris Stewart, Tampa Bay Lightning center Steven Stamkos and Florida Panthers defenseman Bryan McCabe have been named the NHL's 'Three Stars' for the week ending March 7.

Rachel Alexandra debuts in New Orleans Ladies >>
New Orleans, LA (Sportsbook Betting Lines) - Rachel Alexandra, 2009 Horse of the Year, is set make her 2010 debut this Saturday at the Fair Grounds in the $200,000 New Orleans Ladies. The 1 1/16-mile test has attracted four females to take on the

Steelers sign WR Battle, S Allen >>
Pittsburgh, PA (Sportsbook Betting Lines) - The Pittsburgh Steelers on Monday signed wide receiver Arnaz Battle and safety Will Allen to three-year contracts. Battle spent seven seasons with San Francisco, which selected the Notre Dame product

Union sign Colombian midfielder Torres >>
Chester, PA (Sportsbook Betting Lines) - The Philadelphia Union signed Colombian midfielder Roger Torres on loan from America de Cali of the Columbian First Division, the Major League Soccer club announced on Monday. "We're very excited t

Rams add DT Robbins >>
St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Rams on Monday bolstered their defense with the signing of tackle Fred Robbins. Per club policy, terms of the deal were not disclosed. Robbins, 32, spent the last six years of his career with

Lions re-sign TE Heller >>
Allen Park, MI (Sportsbook Betting Lines) - The Detroit Lions on Monday re-signed tight end Will Heller to a three-year contract. Heller played in all 16 games (nine starts) last season, his first with the Lions after spending the three previous y

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.

NFL Betting Lines

To visit this sportsbook go to MySportsbook.com for all your college football betting needs.