Preds ownership completes Del Biaggio buyout

Hockey Betting Lines

09/02/2010 - Nashville, TN (Sportsbook Betting Lines) - Nashville Predators chairman Tom Cigarran announced on Thursday that the current ownership group has completed the purchase of remaining ownership shares from jailed former investor William "Boots" Del Biaggio and the former Forecheck Investments.

Back in July, the Preds' ownership began the process to strengthen its hold on the franchise, after agreeing to acquire the remaining ownership shares from the disgraced Del Biaggio -- who had owned an 83 percent stake in Forecheck.

According to the terms of the agreement at that time, the current ownership group was to purchase Del Biaggio's $25 million ownership stake for $15.2 million, and also agreed to withdraw its damage claims against Del Biaggio's estate.

Approval of the transaction by the National Hockey League and the Metro Nashville Sports Authority means that the current owners, which include Cigarran, now hold an overwhelming majority of shares in the club.

"This is a significant step for the Predators franchise on several levels," Cigarran said. "First and foremost, it strengthens our franchise's financial position and eliminates a significant future liability. In doing so, it closes the book on a distraction and allows the Predators and fans to move forward, focusing on what matters most -- putting the best possible team on the ice and creating the best possible in-arena atmosphere and entertainment experience.

"Also, while the franchise was initially known as Nashville's team because it was created here in the Music City, this transaction reinforces that theme as more than 95 percent of the ownership shares are now held by local residents."

Del Biaggio was sentenced to eight years in federal prison last September after being convicted of bilking banks as well as the owners of two NHL franchises out of more than $100 million dollars and forging documents to acquire the loans to purchase a controlling interest in the Predators.

The Predators will begin their 12th NHL season in the re-christened Bridgestone Arena on October 9.

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Big Ten Conference odds

Teams that should be in: Michigan State, Indiana
Work left to do: Illinois, Purdue, Michigan, Iowa

Behind the big two, the pecking order might be in a bit of flux. Has Michigan State passed Indiana after handling the Hoosiers in East Lansing? Where is Illinois in that mix? What looked like a four-big league last week could be morphing into five -- and even six is not unthinkable at this point if everything breaks right.

Should be in:

Michigan State [21-8 (8-6), RPI: 20, SOS: 15] The Spartans made it four-for-four on the homestand, a gigantic accomplishment that leaves them in extremely good shape. MSU is only 1-6 on the road and is at Michigan and at Wisconsin to close things out, meaning the date with the Wolverines on Tuesday looms very, very large. Beating Texas early will hold up well, as will the rout of Bradley and the win over BYU, but will 8-8 be enough? It very well could be, as the computer numbers are good, but why chance it?

Indiana [18-9 (8-6), RPI: 24, SOS: 32] Hmm ... good thing the last two are at Northwestern and home to Penn State, because IU might want to get both to feel completely safe after dropping its third in the last four, fading after halftime at Michigan State. Who knew the best nonconference win would be over Southern Illinois, which is a gift that keeps on giving for the Hoosiers. The win over Wisconsin also looks good on the mantel.

Work left to do:

Illinois [21-9 (9-6), RPI: 31, SOS: 25] A good performance at Penn State leaves the Illini in pretty good shape. Can they go to Iowa and take care of business to really look on their way? That's a huge game, as there is a possible cluster of teams that will end at 9-7. Illinois beat Bradley, but has lost to Xavier. A 9-7 mark and a semifinals trip in Chicago could be enough with the computer profile hanging in there, but it would be better not to mess around, clinching at least a tie for third.

Purdue [18-10 (7-7), RPI: 47, SOS: 28] Couldn't get it done at Iowa, but did win at Northwestern to put 9-7 squarely in sight. Where does that leave the Boilermakers, though? Even if they beat Minnesota and Northwestern at home, that won't help the computer numbers. Nonconference wins over Virginia, DePaul and Oklahoma are solid, but not spectacular. The Boilers very well might need an upset in the B10 quarters to have a legit claim.

Michigan [19-10 (7-7), RPI: 55, SOS: 53] Well, Michigan did what it needed to do, winning at Minnesota to take control of its fate. The Wolverines have Michigan State and an already-wrapped-up-the-league Ohio State at home to close, so the chances are there. Win both and we can talk. There is no marquee win yet in the profile, and the Wolverines were splattered in several games against name opponents. A mediocre computer profile fueled by a lack of road wins isn't helping, either.

Iowa [16-12 (8-6), RPI: 80, SOS: 64] For the sake of being complete, we'll add Iowa, this season's Stanford. It's plausible that the Hawkeyes could get to 10-6 (at Penn State, vs. Illinois left), but where does that leave them after a gruesome nonconference performance where the best win was over ... Toledo? Iowa State? Cornell?? If they get to 10-6, we can start to look at what they need to do in the B10 tourney, although my gut sense is that they would need to make the final and have knocked off Ohio State or Wisconsin on the way to have any real claim.

For more College Basketball betting lines go to MySportsbook.com

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March Madness odds and printable March Madness brackets

With the field of 64/65 set, MySportsbook.com has the Florida Gators as the 4-1 favorite to successfully defend their National Championship.  Men’s Division-1 College Basketball has not seen a team repeat as National Champions since Duke won back to back championships in ’91 & ‘92.  After losing three out of four late in the season, the Gators are full of momentum as they won their last four games by an average of 18 points.  Not surprisingly, right behind the Gators are the other three top seeds: Kansas 5-1, UNC 6-1, and Ohio State 7-1.  Many consider Kansas to be the hottest team in the country, having won 11 straight. With Kansas, it is hard to ignore all of the early exits from the “dance” in recent years.  With an impressive ACC Tournament, UNC ensured themselves the other top seed.  UNC has about as much talent as any other team in the tournament but with a team that’s best players are primarily freshman and sophomores, could youth be a concern.  Behind freshman sensation, Greg Oden, OSU will look to do what their football team failed to do just a few months earlier.  OSU seems to have peeked at the right time, as they currently have a 17 game winning streak.  Since the tournament field was expanded in 1985, there has never been an instance where all four #1 seeds advanced to the Final Four.  It is obvious that each of the top seeds have the talent to make it through to Atlanta.  But as everyone knows, when makes the NCAA Tournament so special are all of the spoilers and “Cinderella” stories that knock off the favorites on a daily basis.

Be sure to logon to MySportsbook.com to see check out all of the early lines and “March Madness” props.  Also be sure to enter the “$10,000,000 Perfect Bracket Contest”. If someone has the skills to predict every winner, they will be set for life and walk away with $10,000,000.  Even if no one can cash in on the Grand Prize, with a $35,000 guaranteed prize pool and a Mazda RX-8 to the first prize winner, Sportsbook.com’s bracket is a must for all “March Madness” fans.

MySportsbook.com’s odds to win the Championship and Regions:

EAST National Championship Region
Arkansas 300-1 50-1
Belmont 1000-1
Boston College 100-1 40-1
Eastern KY 1000-1
George Washington 75-1
Georgetown 10-1 3-2
Marquette 100-1 40-1
Michigan State 100-1 25-1
New Mexico St. 500-1 200-1
UNC 6-1 6-5
Oral Roberts  500-1
Texas 15-1 5-1
Texas Tech 200-1 5-1
USC 75-1 20-1
Vanderbilt 100-1 30-1
Washington State 40-1 15-1
WEST
Duke 50-1 10-1
Florida A&M 1000-1
Gonzaga 200-1  40-1
Holy Cross 300-1
Illinois 300-1 60-1
Indiana 75-1 40-1
Kansas 5-1 13-10
Kentucky 100-1 40-1
Niagara 1000-1
Pittsburgh 40-1 8-1
Southern Ill. 50-1 12-1
UCLA 10-1 3-2
VCU 500-1 100-1
Villanova 100-1 40-1
VA Tech 50-1 15-1
Weber St 1000-1
Wright St 1000-1 300-1
MIDWEST
Arizona 50-1 30-1
Butler 40-1 30-1
Davidson 300-1
Florida 4-1 4-5
Georgia Tech 75-1 25-1
Jackson State 1000-1
Maryland 30-1 6-1
Miami-OH 300-1
Notre Dame 100-1 20-1
ODU 500-1 100-1
Oregon 40-1 6-1
Purdue 300-1 60-1
Texas A&M CC 1000-1
UNLV 100-1 30-1
Winthrop 500-1 100-1
Wisconsin 15-1 7-2
SOUTH
Albany 200-1
BYU 200-1 40-1
Central CT St. 1000-1
Creighton 100-1 35-1
Long Beach St. 500-1 200-1
Louisville 40-1 10-1
Memphis 30-1 4-1
Nevada 75-1 35-1
North Texas 500-1
Ohio State 7-1 6-5
Penn 500-1
Stanford 200-1 50-1
Tennessee 100-1 20-1
Texas A&M 12-1 11-5
Virginia 75-1 18-1
Xavier 100-1 40-1

Field                                              100-1

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