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09/04/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk will finally join the New Jersey Devils after his re-submitted contract was officially and finally approved by the National Hockey League just before 3 a.m. (et) Saturday morning.
The re-worked contract now calls for Kovalchuk to collect a reported $100 million over 15 years, with an annual cap hit of close to $6.66 million. The deal is thought to pay out $90 million in the first 10 years and $10 million over the last five.
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. The Russian star, now 27, would be approaching age 43 when the contract expires.
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.
The NHL and NHLPA together, did away with those scenarios in one fell swoop Friday, jointly adopting new regulations on such pacts while simultaneoulsy ruling on Kovalchuk's situation after a whirlwind of postponements on a ruling that stretched well into the night.
The new rules will apply only to long-term contracts, five years or longer in length, and only those going forward beyond the September 4 ruling date. All previous contracts are grandfathered in, meaning Kovalchuk's contract will likely be the last of its kind.
To that end, the two entities also announced that the league will terminate its circumvention investigations into the contracts signed in 2009 by Marian Hossa of the Chicago Blackhawks, Roberto Luongo of the Vancouver Canucks, Marc Savard of the Boston Bruins and Chris Pronger of the Philadelphia Flyers.
"We are pleased to finalize an agreement which ends the league's circumvention investigations and also establishes rules on long-term contracts that will provide players, their certified agents and general managers clarity for the negotiation of new contracts," said Roland Lee, associate counsel for the NHLPA and director of Salary Cap/Marketplace. "Turning the page on this process is something that will benefit all parties involved."
Taking into account the NHL's salary cap system and forthcoming CBA negotiations, a special calculation of value will be made in two ways for contracts that extend beyond a player's 41st birthday, and any long-term contract that averages more than $5.75 million for the three highest- compensation years will have rules put into place that limit that player's compensation to a minimum of $1 million between the ages of 36 and 40.
Because of the league's previous rules on player contracts after the age of 35, it was conceivable that someone could retire before a contract 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.
"We're pleased to be able to establish clearly-defined rules for these types of contracts going forward and just as happy we can turn the page on uncertainties relating to several other existing contracts," NHL Deputy Commissioner Bill Daly said. "From start to finish of this multi-week process we were able to work closely and cooperatively with representatives of the Players' Association, who shared our belief that the creation of definitive rules and guidelines in this area would be beneficial to everyone -- clubs and players alike."
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, he has accumulated 338 goals and 642 points with Atlanta and New Jersey.
<< Rockies extend San Diego's losing streak to eight
San Diego, CA (Sportsbook Betting Lines) - Jason Giambi and Troy Tulowitzki each hit a
two-run homer, as the Colorado Rockies dealt San Diego an eighth consecutive
defeat, 4-3, in the opener of a three-game series.
Aaron Cook (5-8), who was acti
<< A's blank struggling Angels behind Gonzalez
Oakland, CA (Sportsbook Betting Lines) - Cliff Pennington and Kevin Kouzmanoff each
homered during a six-run seventh, as the Oakland Athletics dominated the
Angels, 8-0, in the opener of a three-game series.
Gio Gonzalez (13-8) tossed si
<< Giants trade for Sage Rosenfels
East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants have found a
backup quarterback after acquiring Sage Rosenfels from the Minnesota Vikings
on Friday.
The trade also saw running back and return specialist Darius Reynaud h
<< D-Backs edge Astros
Phoenix, AZ (Sportsbook Betting Lines) - Augie Ojeda's sacrifice fly in the bottom of
the eighth delivered the winning run as Arizona downed Houston, 4-3, to start
a three-game set.
Adam LaRoche went 2-for-4 with two runs batted in and Gerardo Pa
Sisk keeps lead at Mylan Classic >>
Canonsburg, PA (Sportsbook Betting Lines) - Geoffrey Sisk remained atop the leaderboard
Saturday when the second round of the rain-delayed Mylan Classic was
completed.
Sisk played the final three holes of his round and finished off a four
Georgia holds A.J. Green out of opener >>
ATHENS, Ga. (AP) -Georgia star receiver A.J. Green is being held out of the Bulldogs' opening game against Louisiana-Lafayette.Georgia spokesman Claude Felton says Green will miss Saturday's game for the No. 23 Bulldogs pending a ruling from the NCA
Scorching Yanks seek eight straight win in test with Jays >>
(Sportsbook Betting Lines) -- The New York Yankees have solved just about all their
problems during a seven-game winning streak that matches the team's longest of
the season. The defending world champions will now turn their attention
towards getting Jav
Red Sox, White Sox to begin set with double dip >>
(Sportsbook Betting Lines) -- After mother nature delayed the opening of this important
weekend set, the Boston Red Sox and Chicago White Sox will renew acquaintances
with a day-night doubleheader that begins this afternoon from Fenway Park.
The arriv
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 |
About MySportsbook.com MySportsbook.com is the largest sportsbook and casino on the planet, where millions of adult Americans bet on sports, play poker and enjoy blackjack and other casino games online in a regulated and licensed jurisdiction. Named the "Best US Sports Book" by the industry's top magazine, eGaming Review, MySportsbook.com has been leading the online gaming industry since 1996. Dwarfing its nearest competitors in the US, MySportsbook.com has been the first to achieve every significant industry milestone, from record turnover to active users to number of bets--achieving a peak of fifteen bets per second. As the US online gaming leader, the firm and it's products have been featured on CBS 60 Minutes, CNN, ESPN, Wall Street Journal, Barrons, Financial Times, USA Today and in every major newspaper in the US.
To bet on March Madness games this online sportsbook accepts credit cards.
The 2009 AP NFL Offensive Rookie of the Year odds have been released and Denver Broncos' running back Knowshon Moreno has been made the opening favorite.
Moreno was selected in the first round of April's NFL draft and is expected to carry the rushing load for the Broncos this season. And with Jay Cutler now in Chicago, Moreno might be expected to be Denver's entire offense.
Betting Lines from sports betting lines have made Moreno a 5/2 favorite to win this year's Offensive Rookie of the Year Award. Fellow running back Chris “Beanie” Wells (Arizona Cardinals) is right behind Moreno at 7/2, while Donald Brown (Indianapolis Colts) and receiver Michael Crabtree (San Francisco 49ers) are 5/1 to win. Quarterbacks Mark Sanchez (New York Jets) and Matthew Stafford (Detroit Lions) are 7/1 and 8/1, respectively.
A couple of players who present some value are Josh Freeman, Shonn Green and Darrius Heyward-Bey.
Freeman needs to beat out Byron Leftwich to become the starting quarterback of the Tampa Bay Buccaneers but if he does, he has a lot or raw talent and could use the weapons around him (i.e. Kellen Winslow Jr. and Antonio Bryant) to be very successful in his first season.
Green enters a crowded backfield in New York, but considering both Thomas Jones and Leon Washington are unhappy about their contract situations and might holdout, the former Iowa product could become the Jets' primary back.
Everyone was shocked when Al Davis took Heyward-Bey with the eighth overall pick in April's draft, but the kid has a tremendous amount of talent and if quarterback JaMarcus Russell takes the next step this year, the former Maryland product could blossom. Plus, Heyward-Bey will be looking to prove the people wrong who said Oakland should have taken Michael Crabtree with the No. 8 pick.
And if you're looking for a deep sleeper, check out Pat White at 30/1. He enters the Miami Dolphins vaunted “Wild Cat” offense and could be a big time playmaker.
For complete odds on the 2009 AP NFL Offensive Rookie of the Year odds, see below.
2009 AP NFL Offensive Rookie of the Year Odds to Win
Ramses Barden (NYG) 40/1
Andre Brown (NYG) 20/1
Donald Brown (IND) 5/1
Kenny Britt (TEN) 20/1
Glenn Coffee (SFO) 30/1
Chase Coffman (CIN) 50/1
Michael Crabtree (SFO) 5/1
Josh Freeman (TB) 14/1
Shonn Green (NYJ) 14/1
Percy Harvin (MIN) 10/1
Darrius Heyward-Bay (OAK) 18/1
Juaquan Iglesias (CHI) 30/1
Cornelius Ingram (PHI) 50/1
Rashad Jennings (JAC) 30/1
Johnny Knox (CHI) 40/1
Jeremy Maclin (PHI) 18/1
Mohamed Massaquoi (CLE) 30/1
LeSean McCoy (PHI) 12/1
Knowshon Moreno (DEN) 5/2
Hakeem Nicks (NYG) 18/1
Brandon Pettigrew (DET) 30/1
Brian Robiskie (CLE) 20/1
Mark Sanchez (NYJ) 7/1
Matthew Stafford (DET) 8/1
Jason Smith (STL) 40/1
Mike Thomas (JAC) 25/1
Patrick Turner (MIA) 50/1
Mike Wallace (PIT) 50/1
Chris Wells (ARI) 7/2
Pat White (MIA) 30/1
Field (Any Other Player) 9/1
To visit this sports betting site go to BettingExpress.com for all your football betting lines needs.
For sports betting with credit cards site go to BettingExpress.com as well.
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