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• The Braeburn – 2,194 square feet, three bedooms/2-1/2 bathes, priced from $675,000.

 

The Cottages at LochenHeath provide buyers with a rich architectural design featuring wood and stone; large covered patios; decorative iron light fixtures and landscaped front yards. Standard interior features include metal-clad wood windows; a wide variety of tile, carpet and wood floor variations; seven-foot solid-core interior doors with custom hardware, finishes and design; custom ceiling detail in master suites and great rooms; fully-integrated security system; structured wiring technology for state-of-the-art communications systems, including telephone, cable TV and data wiring for high-speed Internet access; pre-wiring for stereo system and in-home theatres; professionally designed lighting package, and pre-wiring for ceiling fans in great room and all bedrooms.

 

Master suites in all models include expansive walk-in-closets; stone tile counters at bath with under-counter-mount sinks; oversized tub with stone surround; stone tile shower with frameless enclosure; upscale faucets, water closets and accessories with choice of finishes; large decorative vanity mirrors, and custom wood vanities.

 

Because northern Michigan properties have diverse climates, the new cottages were also designed with a number of energy-saving features, including dual-pane, low “E” glass windows and doors; efficiency-designed air conditioning and heating system; programmable thermostats; gas hot water heater, and natural gas included at water heater, furnaces, fireplaces, dryer and cooktop.

 

One of the premier northern Michigan golf courses is the Club at LochenHeath, which is being developed by LochenHeath Land Company, LLC, a joint venture between Deepwater LLC, a Michigan-based company, and Pinnacle Development Group, a Scottsdale, Ariz.-based company that has developed two of the Southwest’s most renowned private residential and golf communities – Scottsdale, Arizona’s Estancia which was named Golf Digest’s Best New Private Golf Course in America in 1996, and The Club at Seven Canyons in Sedona, Arizona, recognized as the seventh Best New Private Club in America by Golf Digest in 2003.

 

The “buying decision” at LochenHeath, a premier northern Michigan property, is primarily being dictated by lifestyle considerations and a family-oriented environment that encourages frequent visits from buyers residing in Detroit, Chicago, Minneapolis and other Midwestern cities. “Our new golf cottages will provide a new product that will give buyers another way to enjoy the community’s comfortable, elegant and private environment.”

 

Golf, however, is not the only attraction this private golf and residential property has to offer. Members and residents have a wide array of recreational options at their disposal, including private beaches and access to Grand Traverse Bay; private boat slips and dry dock storage with concierge service; hiking, biking and jogging trails; and community lakes offering swimming, boating and fishing.

 

Contact: Tony Kingsbaker Tony K & Associates

 

Bodog.com has Tiger Woods as a 7/2 favorite to bury his competition, which includes Phil Mickelson, Vijay Singh and Ernie Els, who are listed at 17/2, 14/1 and 15/1, respectively. For all the odds on the 2006 British Open, see http://www.bodog.com/sports-betting/golf-pga.jsp

 

Betting interest in this year's British Open is expected to be the highest ever. A wide variety of posted odds allow bettors to wager on head-to-head-to-head matchups for each individual round. There are also a number of intriguing proposition wagers, such as "Will there be a Hole-in-One during the British Open Championship?"

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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.

NFL Betting Lines

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