Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting
09/03/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk will finally join the New Jersey Devils after his re-submitted contract was reportedly approved by the National Hockey League.
Additionally, according to TSN of Canada, the league and the NHL Players' Association reached an agreement on an amendment to the rules that govern long-term contracts. A report from The Record in New Jersey states that new guidelines will be implemented regarding how the salary cap hit would be calculated for long-term deals that go beyond the ages of 35 and 40.
Kovalchuk's initial 17-year, $102 million deal with the Devils was rejected by the league on the grounds that it circumvented the league's salary cap. The deal was front-loaded so Kovalchuk could have earned as much money as possible while providing the lowest possible cap hit for the team.
The NHL Players' Association filed a grievance on Kovalchuk's behalf, but an arbitrator ruled in favor of the league. His second deal is worth a reported $100 million over 15 years, which provides an annual cap hit of $6.66 million.
The rejection of the contract provided much debate throughout the league in terms of "lifetime" contracts given to players that have helped reduce the yearly salary cap hit. Several players in previous years signed deals that took them past 40 years of age and saw the annual salary dip below $1 million in the final years of the contract.
Because of the league rules on player contracts after the age of 35, it was conceivable that someone could retire before the deal had expired, wiping the contract off the salary cap. This rule allowed teams to sign players to front-loaded contracts to benefit both the team and player.
With the new guidelines in place regarding long-term deals and the CBA negotiations that will occur in the next few years, it is likely that Kovalchuk's contract is the last of its kind. Additionally, according to the report in The Record, similar contracts that have been signed previously will not be affected by the new rules.
Kovalchuk's deal will reportedly take the team about $3 million over the salary cap with 21 players under contract, and the Devils will have to get under the $59.4 million cap before the beginning of the season while adding two more players to the roster.
Kovalchuk posted 41 goals and 85 points in 76 games last season, 10 goals and 27 points coming in 27 games with New Jersey. In a five-game first-round playoff loss, the 27-year-old added two goals and six points.
In 621 games since entering the league in 2001, the Russian star has accumulated 338 goals and 642 points with Atlanta and New Jersey.
<< Steelers start cuts, drop 10 players
Pittsburgh, PA (Sportsbook Betting Lines) - The Steelers released 10 players on Friday,
getting an early start on personnel moves in advance of the NFL's 6 p.m. (et)
Saturday deadline to reduce rosters to 53 players.
The players released were tight
<< White Sox activate Thornton from DL
Boston, MA (Sportsbook Betting Lines) - The Chicago White Sox have activated reliever
Matt Thornton from the 15-day disabled list.
Thornton had been on the DL since August 18 with left elbow inflammation. He
is 3-4 with a 2.66 earned run average
<< Marlins recall Leroux, Cousins
Miami, FL (Sportsbook Betting Lines) - The Florida Marlins announced Friday the recall
of pitcher Chris Leroux and outfielder Scott Cousins from Triple-A New
Orleans.
Leroux has spent parts of 2010 and 2009 with the Marlins, pitching in 19 t
<< Houston tries to build momentum against San Jose
Houston, TX (Sportsbook Betting Lines) - The playoff hopes of the Houston Dynamo
continue to slip away as the club gets set to host the San Jose Earthquakes on
Sunday at Robertson Stadium.
Houston snapped a 10-game winless skid with a 4-3 wi
Cook returns from DL to start for Rockies >>
San Diego, CA (Sportsbook Betting Lines) - The Colorado Rockies have activated pitcher
Aaron Cook from the 15-day disabled list in time to start Friday's series
opener at San Diego.
Cook missed 27 games while sidelined with a sprained right big
Padres recall Russell >>
San Diego, CA (Sportsbook Betting Lines) - The San Diego Padres have recalled right-
hander Adam Russell from Triple-A Portland.
It will be Russell's fourth stint with the Padres this season. In six games
earlier this year, the 27-year-old ga
Cardinals release 16 players >>
Tempe, AZ (Sportsbook Betting Lines) - The Arizona Cardinals pared down their roster on
Friday, releasing 16 players ahead of Saturday's deadline to reduce the active
roster to 53 players.
The club announced the release of the following players: l
Broncos' LenDale White out for season >>
Englewood, CO (Sportsbook Betting Lines) - Denver Broncos running back LenDale White
was placed on injured reserve Friday and will miss the 2010 season with a torn
Achilles tendon.
White was hurt during the second quarter of Thursday's 31-24 prese
MySportsbook.com and Kentucky Derby Offer Bonuses
The 2008 Kentucky Derby has announced a $1-million bonus for this weekend’s 134th ‘Run for the Roses’ and MySportsbook.com is doing the same.
Well, not quite $1 million, but MySportsbook.com is offering a 75% rebate for Kentucky Derby lines. Check out the exclusive horse racing bonus for all the details.
According to MySportsbook.com, the favorites for Saturday’s Kentucky Derby at Churchill Downs in Louisville, Kentucky are: Curlin (+250); Street Sense (+500); Scat Daddy (+700); Circular Quay (+750); and Nobiz Like Shobiz (+800).
Derby organizers announced this week that there will be a $1-million bonus at the 2007 Kentucky Derby odds if the first-place horse wins by more than 6 1/2 lengths – the margin of Barbaro's victory last year. The bonus would be divided Saturday among the winning trainer, jockey, owner and a charity, with each receiving 25 percent. The designated charity is the Barbaro Memorial Fund.
''It's certainly creative, it's certainly fun and it has something for the horsemen, which we always want to embrace,'' Churchill Downs president and chief executive Robert Evans said at a news conference. ''What's really cool is it will force us to remember Barbaro.''
Meanwhile, the Derby favorite – Curlin – is going against the odds this year. It's been 125 years since Apollo won after skipping his 2-year-old season, and not since Regret in 1915 has such a lightly seasoned horse worn the blanket of red roses.
Arkansas Derby winner Curlin – unbeaten in three career races – tries to overcome both those obstacles in Saturday's 133rd Derby.
''We're not running against history,'' trainer Steve Asmussen said Monday. ''We're running against who they load up.''
Six other horses have run in the Derby without benefit of 2-year-old races and with three or fewer starts. The best any of them managed was a sixth-place finish by Showing Up last year.
Asmussen dismissed suggestions that Curlin's lack of racing experience could keep him from the winner's circle.
”He exudes confidence and he's got a great presence about him,'' the trainer said. ''I feel great about the position we're in. He's not worried about anything, why should you be?''
The Kentucky Derby is at 4:04 p.m., ET Saturday.
For complete odds on the Kentucky Derby, visit MySportsbook.com. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.
BILLS (+10) at Steelers SPORTSBOOK LINES
It's impossible to gauge how a team will react after something like the Steve Everett situation, and it probably doesn't matter. That being said, the Bills are going to lose several games this year where they keep things close but fall short in the end to superior teams. Ben Roethlisberger and company could have a field day against Buffalo's decimated defense, but I like the Bills to cover.
BENGALS (-7) at Browns SPORTSBOOK LINES
All you can ask out of your NFL team is that it has a plan. You may not always agree with it as a fan, but as long as it appears the organization is going in some sort of direction, you have to go with it. Which brings us to the Cleveland Browns. You flip a coin to determine whether Chuck Frye or Derek Anderson should start the preseason opener. You start Frye in Week 1, but pull him in the first half. And then you deal him to the Seahawks for a sixth-round pick? Hmm... the Bengals could get six turnovers again this week.
COLTS (-7) at Titans SPORTSBOOK LINES
Tennessee signed ex-Colts cornerback Nick Harper in the offseason so that should help slow down Peyton Manning. Just ask Jason David and the Saints. Oh wait... One of these weeks, I'm going to learn to not pick against Tennessee, which has won seven of its last eight games. But it's not happening against Indy.
TEXANS (+6.5) at Panthers SPORTSBOOK LINES
Houston's Mario Williams, the first pick in the '06 draft, has more touchdowns than Reggie Bush after one week. Somehow I don't see that lasting. Meanwhile, Carolina bottled up what was expected to be a pretty high-octane offense in St. Louis in Week 1. Could this be the Panthers' defense everyone expected last year? Maybe. This feels like a 20-16 Carolina win.
RAMS (-3) vs. 49ers SPORTSBOOKS LINES
Absolutely love this game. Everyone's favorite pick for this year's surprise team -- the 49ers -- laid an egg on Monday night (not that anyone was watching with the game ending in the middle of the night for those of us on the East Coast). St. Louis wasn't much better, delivering a lackluster effort against the Panthers that included two Steven Jackson fumbles and panic from his fantasy owners. Jackson rebounds this week, and the Rams get their first win.
PACKERS (+1.5) at Giants SPORTSBOOKS LINES
Do you really trust this guy to win an NFL game if Eli Manning can't go? I say no. I'd feel alot better about this Packers team if it had any semblance of a running game, but I still think Green Bay's defense is good enough to give it a 2-0 start.
JAGUARS (-10) vs. Falcons SPORTSBOOKS LINES
Does it scare me to pick Jacksonville to cover a double-digit spread after it scored just 10 points last week against the Titans? Absolutely. But can I bring myself to pick Atlanta under any circumstances? No. Check out this poll on ajc.com. It asks what Atlanta's most urgent deficiency is: offense, defense, specials teams or all of the above. "All of the above" has 57 percent of the votes. Ouch.
SAINTS (-3) at Buccaneers SPORTSBOOKS LINES
I'm picking way too many road teams this week. Oh well. New Orleans has had some time to reflect on its lackluster showing in the opener, and the Buccanneers just aren't a very good football team. Anyone else surprised Tampa Bay hasn't made a move to sign Byron Leftwich? I thought that's what they do.
VIKINGS (+3) at Lions SPORTS BETTING LINES
Run the ball and stop the run. Minnesota can do both, and that will keep them in a lot of games this season. Even though it was only one week, Adrian Peterson looks like he was a steal at No. 7 in last year's draft. Not only will he produce, but Peterson delivers excitement to what otherwise would be one of the league's most boring teams.
DOLPHINS (+3.5) vs. Cowboys SPORTS BETTING LINES
Lost in the Tony Romo lovefest is just how bad the Cowboys' defense was last week. I know they're banged up, but Dallas' 'D' allowed 438 yards to the Giants' offense, and backup running back Derrick Ward averaged 6.8 yards per carry. Meanwhile, Cam Cameron's decision to split carries between Ronnie Brown and Jesse Chatman sounds about as can't-miss as Larry David's plan to show up to Marty Funkhouser's party a night late. Still, gotta go with Miami to cover at home.
SEAHAWKS (-2.5) at Cardinals SPORTS BETTING LINES
I'm probably missing something, but this game seems too easy. Arizona blew Monday night's game against the 49ers in typical Cardinals fashion, and the Seahawks beat Tampa Bay by two touchdowns. Love Seattle in this one.
BRONCOS (-9.5) vs. Raiders SPORTS BETTING LINES
Special teams was a major story line in Week 1. Take a look at the Broncos. They had to rush on to the field to get a Jason Elam field goal as time expired against the Bills. Denver drove into Buffalo territory on eight of 10 drives but came away with just a pair of field goals and a touchdown. Look for more scoring from the Broncos this week against an Oakland defense that gave up 36 points to Detroit in Week 1.
BEARS (-12) vs. Chiefs SPORTS BETTING LINES
Everyone talks about Rex Grossman when dissecting the Bears' offense, but Chicago's quarterback got no help in last week's loss to the Chargers. Meanwhile, Kansas City confirmed what we all thought while watching Hard Knocks: The Chiefs are going to stink this year. It could be a rough first month for Larry Johnson fantasy owners. Kansas City's RB was limited to 43 yards on 10 carries in Week 1, and the Chiefs face the Bears, Vikings and Chargers the next three weeks, all formidable run defenses.
RAVENS (-10) vs. Jets SPORTS BETTING LINES
A big dose of Willis McGahee and a usual sound defensive effort will give the Ravens their first win. According to Football Outsiders, no team in the NFL rushed only three defenders on pass plays last year more than the Jets. And according to my special Jets correspondent Ben Stauber, New York did the same in Week 1. Whoever starts at quarterback for the Ravens should have all day to throw.
PATRIOTS (-3) vs. Chargers
Friends and I were discussing how Bill Belichick goes about paying his $500,000 fine for cheating. Does he just write one check to the NFL? Do you need some sort of clearance to make such a monstrous financial transaction? I guess I shouldn't complain about the security deposit I have to put down on my new apartment. Anyway, two of the league's best teams square off in what should be a good one Sunday night. The Patriots always respond well just when you think they're in trouble. And their offensive attack was the story in Week 1.
Note: Monday night game will be picked Monday. Lines used are from football betting.
Sports Betting News: NFL Team History | NFL Football Betting | College Football Betting | Baseball Betting | Basketball Betting | College Basketball Betting | Hockey Betting | Golf Betting | Tennis Betting | Auto Racing Betting | Horse Racing Betting | Soccer Betting