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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 Releases World Series Championship Lines
New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.
"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."
Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.
"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs..
About www.MySportsbook.com
MySportsbook.com is the foremost online sportsbook offering Internet wagering to its worldwide customers. Fully licensed and regulated in St. John’s, Antigua since 1997, MySportsbook.com offers a complete range of online casino games, sports betting lines, poker tournaments and horse racing offtrack betting daily through its portfolio of companies and managed services. With over 7 years of experience, MySportsbook.com has become one of the most respected companies in the gaming industry by providing unparalleled 24/7 customer support and timely payouts. MySportsbook.com is part of the SportingBet PLC group of companies that is publicly-traded on the London Stock Exchange ( LSE ) under the symbol SBT.L. MySportsbook.com provides a secure environment for sports and casino wagering and has been featured in numerous media outlets, including MAXIM Magazine, Cigar Aficionado, and CNN’s Paula Zahn Now among others.
It’s time to see how the biggest NFL free agent signings will perform for their news teams. Some will work out and could be the difference that makes a difference in the win column.
We look at the best off-season signings and if they should influence your NFL betting this season. Julius Peppers – Peppers was the biggest prize available on the 2010 NFL free agent market and the Chicago Bears opened the bank to bring his talents to the south side.
Peppers is explosive, he can get around blockers and cause quarterbacks to lose their minds. We all remember the classic Peppers game last year against the Vikings where he hounded Brett Favre into his worst game of the season. Peppers joining the Bears could be the reason Favre retired for good Tuesday morning. In addition to Peppers, the Bears added Chester Taylor to back up Matt Forte, Forte didn’t have the same intensity in 2009 compared to 2008 and bringing in Taylor will challenge Forte to bring it every game or he’ll risk losing carries to Taylor.
Betting on the Bears is a good option this season because of Julius Peppers and to a lesser extent Taylor. Antonio Bryant and Terrell Owens – The Cincinnati Bengals signed two former number one wide receivers to line up with Chad Ocho Cinco. Antonio Bryant had a huge season in 2008 catching 83 passes for over 1200 yards but regressed last season. Playing for the Tampa Bay Bucs last season was a large part of the regression, everyone was bad in TB last season.
Bryant should have a bounce back season if he can win the number two spot from Terrell Owens. If Bryant wins the number 2 WR spot, it will open up a completely new set of problems for the Bengals. If Owens is forced to the bench in favor of Bryant, his attitude will create trouble for Carson Palmer and head coach Marv Lewis. If Owens is the number two receiver, it means Bryant can’t live up to his past numbers and the Bengals are still limited in the passing game. NFL bettors should be wary of laying their money down on what could potentially be the biggest gong show in the league in 2010. 2010 football betting lines for this can be found at this top online sportsbook. Karlos Danby – The Miami Dolphins have a great running back tandem in Ricky Williams and Ronnie Brown, a good young QB in Chad Henne and now the Bill Parcells regime is building a solid defense.
NFL bettors should be wary of laying their money down on what could potentially be the biggest gong show in the league in 2010. Karlos Danby – The Miami Dolphins have a great running back tandem in Ricky Williams and Ronnie Brown, a good young QB in Chad Henne and now the Bill Parcells regime is building a solid defense. They signed away the Arizona Cardinals top linebacker Karlos Danby. In the past two seasons, Danby has totaled 228 tackles, 5 sacks, 3 interceptions and 3 forced fumbles. The Dolphins are the forgotten team of the AFC East with the second longest odds to win the division but with the addition of Karlos Danby and a trade for WR Brandon Marshall makes the Miami Dolphins legitimate contenders in the AFC East and in the NFL’s Eastern Conference.
The Dolphins will make NFL wagering fans a lot of money this season, get in early and enjoy the cash.
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.
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