Capitals

Phil Mickelson's next venture will surprise you

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Phil Mickelson's next venture will surprise you

From Comcast SportsNet
DUBLIN, Ohio (AP) -- Phil Mickelson wants to be more than just a fan of the San Diego Padres. He wants to help buy the team. Mickelson said Monday he has a joined one of the five groups trying to buy the team from John Moores, the Padres' majority owner for the last 18 years. Mickelson is part of the group that includes four grandchildren of former Los Angeles Dodgers owner Walter O'Malley -- Kevin and Brian O'Malley, and their cousins Peter and Tom Seidler, the chief executive of Class A Visalia Rawhide. "I've been talking to them about being involved with them, having an opportunity to invest in the team and being part of the ownership group," Mickelson said. "I think it's a very good investment opportunity. More than that, it's opportunity to be involved in the community in San Diego, with something that gives the community a sense of pride. I feel like we can make the Padres a competitive team that can contend year in and year out, and we can do something for the community. "It's something I've loved since I was a kid." The San Diego Union-Tribune first reported the involvement of Mickelson, a four-time major champion who was inducted this month into the World Golf Hall of Fame. Mickelson brings the O'Malley clan a local investor and of San Diego's greatest athletes. San Diego's biggest baseball star -- another lefty -- is involved in another group trying to buy the Padres. Tony Gwynn said last week he is joining the bid led by Thomas Tull, chairman and CEO of Legendary Entertainment. "When we met with Phil we were inspired by his commitment to San Diego and his passion for the Padres," Kevin O'Malley said in a statement to the Union-Tribune. "He is a world-class person, athlete and businessman with a strong history of charitable leadership and he will be an ideal partner for many years in San Diego." Mickelson said he was asked to get involved in an ownership bid three years ago, but didn't feel it was a good fit. "I think the O'Malley and Seidler family is the right group," he said. "They want to enhance the community tie, and that's something I've wanted to be part of, as well. The tie between the community and the team has not been as strong as it has been in the past. I think there are some things where we can increase that relationship, the emotional tie with the community and the players." Moores' proposed sale of the team to Jeff Moorad collapsed in March after baseball owners refused to approve Moorad as controlling owner. Moorad headed a group that in March 2009 agreed to a gradual takeover of the Padres. At the time, the deal was estimated to be worth around 500 million. The Padres could be worth a few hundred million more this time, in light of the Dodgers being sold for a record 2 billion and the Padres' new TV deal with Fox. Moores owns 51 percent while Moorad's group owns 49 percent. Asked about his proposed investment, Mickelson said only that it would be "a lot," and that it would be a "significant investment opportunity." As for his role? "Day-to-day operations, running a sports organization, that's not my forte," Mickelson said. "I want to have a personal relationship with the players and find ways to get them tied to the community, things of that nature."

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Stanley Cup Final 2018: Who could win the Conn Smythe Trophy?

Stanley Cup Final 2018: Who could win the Conn Smythe Trophy?

The Stanley Cup is not the only trophy that will be awarded at the end of the Stanley Cup Final series between the Washington Capitals and Vegas Golden Knights. The Conn Smythe will also be given to the player deemed the most valuable to his team during the playoffs.

Who will that player be?

It's not hard to figure out who the frontrunner is right now. Marc-Andre Fleury hasn't just been the best goalie in the playoffs, he's been the best player with a dominant postseason in which he has posted a .947 save percentage and four shutouts. He has been so dominant, he could win it even if Vegas loses the series.

See the top contenders for the Conn Smythe heading into the Stanley Cup Final here.

The last player from the losing team to win the Conn Smythe was Jean-Sebastian Giguere from the Mighty Ducks of Anaheim in 2003.

But what about the Caps?

Alex Ovechkin is the leader of Washington and has been absolutely dominant throughout the postseason. He even scored the series-clinching goal in Game 7 of the Eastern Conference Final.

Surprisingly, however, Ovechkin does not lead the team in points through the playoffs. Evgeny Kuznetsov holds that edge with 24 points to Ovechkin's 22.

Will their offensive dominance propel them to win the Cup and the Conn Smythe? Will a different player emerge as the hero of the series?

See the top contenders for the Conn Smythe heading into the Stanley Cup Final here.

MORE CAPITALS PLAYOFF NEWS:

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Need to Know: A closer look at Alex Smith's contract with the Redskins

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Associated Press

Need to Know: A closer look at Alex Smith's contract with the Redskins

Here is what you need to know on this Saturday, May 26, 17 days before the Washington Redskins start minicamp.  

Note: I am vacationing in the Outer Banks this week. In this space, I’ll be presenting some of the most popular posts of the last few months. I hope you enjoy these “best of” presentations and I’ll see you folks when I get back. 

Contract makes Alex Smith a Redskins for at least three seasons

This post was originally published on March 19. 

When the Redskins traded for Alex Smith on January 30, news also broke that he had agreed to a four-year extension with Washington in addition to the one year left on his contract with the Chiefs. While we got some top-line numbers on the deal, we have gone since then without any details. 

Until now. 

The details show a deal that has a slightly higher cap hit in 2018 than was on his original Chiefs contract and the numbers rise gradually over the life of the deal, which runs through 2022. 

Smith got a $27 million signing bonus and his salaries for 2018 ($13 million) and 2019 ($15 million) also are fully guaranteed at signing making the total $55 million (information via Over the Cap, which got data from a report by Albert Breer). 

But there I another $16 million that is guaranteed for all practical purposes. On the fifth day of the 2019 league year, his 2020 salary of $16 million becomes fully guaranteed. He almost assuredly will get to the point where that money will become guaranteed since the Redskins are not going to cut him after one year having invested $55 million in him. So the total guarantees come to $71 million. 

His 2021 salary is $19 million and it goes up to $21 million in 2022. There have been reports of some incentives available to Smith but since we have no details we’ll set those aside for now. 

The cap hits on the contract are as follows: 

2018: $18.4 million
2019: $20.0 million
2020: $21.4 million
2021: $24.4 million
2022: $26.4 million

The Redskins can realistically move on from Smith after 2020. There would be net cap savings of $13 million in 2021 and $21 million in 2022. 

The first impression of the deal is that the Redskins did not move on from Kirk Cousins because they didn’t want to guarantee a lot of money to a quarterback. The total practical guarantee of $71 million is second only to Cousins’ $82.5 million. It should be noted that Cousins’ deal runs for three years and Smith’s contract is for five. 

Stay up to date on the Redskins. Rich Tandler covers the team 365 days a year. Like his Facebook page, Facebook.com/TandlerNBCSand follow him on Twitter  @TandlerNBCSand on Instagram @RichTandler