NHL approves new Kovalchuk contract
Hockey Betting Lines
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.
<< Boston's Pedroia has surgery
Boston, MA (Sportsbook Betting Lines) - Boston Red Sox second baseman Dustin Pedroia
has undergone successful surgery on the navicular bone of his left foot.
Pedroia had a screw inserted on Friday to promote healing of the fracture,
which occu
<< 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
Dillon takes pole for Kentucky truck race >>
Sparta, KY (Sportsbook Betting Lines) - Rookie Austin Dillon will start on the pole for
Friday's Built Ford Tough 225 Camping World Truck Series race after edging
Johnny Sauter by the slimmest of margins in qualifying at Kentucky Speedway.
Dillon
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
Super Bowl XLIII, the Arizona Cardinals and the Pittsburgh Steelers.
Super Bowl XLIII is now set, the Arizona Cardinals and the Pittsburgh Steelers will meet each other on February 1st in Tampa's Raymond James Stadium to battle it out for the coveted Lombardi Trophy. The game kicks off at 6:00pm ET on NBC with announcers Al Michaels and John Madden covering the on-field action. Super Bowl XLIII betting odds at online bookmaker MySportsbook.com have the Steelers listed as an early -6.5 against the spread favorite.Super Bowl XLIII Betting Odds
Pittsburgh earned their passage to the big game by beating their division rival, the Baltimore Ravens, 23-14 in yesterday's AFC Championship Game. The Steelers jumped on Baltimore early, building a 13-0 first half lead, and never let up on their way to a fairly easy win. Although the Ravens did close to within two points in the fourth quarter, it never appeared as if they had enough offense to pull off the upset.
The Steelers dominating defense held Baltimore to a total of 198 yards while allowing them to convert just three third downs in 13 attempts. Pittsburgh also forced quarterback Joe Flacco into three interceptions, one of which safety Troy Polamalu returned fourty yards for a touchdown.
The Cardinals, by far the playoff team with the longest odds to reach Super Bowl XLIII, did so yesterday with a 32-25 upset of the Philadelphia Eagles in the NFC Championship. Arizona charged out of the gates and built a 24-6 halftime lead that had the Eagles venerable defense reeling. Quarterback Kurt Warner and wide receiver Larry Fitzgerald did most of the damage, connecting on three first half touchdowns.
Arizona, however, could not sustain their momentum and the Eagles took a 25-24 with 10:45 left to play in the fourth. The Cardinals, with the franchise's first Super Bowl appearance hanging in the balance, mounted a fourteen play, 72 yard touchdown drive that consumed 7:52 off the clock. Warner hit running back Tim Hightower on a short screen for the go-ahead, game clinching score that will forever live in Cardinal infamy.
MySportsbook.com's Super Bowl XLIII Betting Odds:
Pittsburgh Steelers -6.5 (-110), Over 46.5 (-110), -260 (Money line)
Arizona Cardinals +6.5 (-110), Under 46.5 (-110), +220 (Money line)
Matt Foust won both of his conference championship plays yesterday and he is ready to serve up plenty of Super Bowl action. Each individual play costs $15.00, however, MySportsbook.com recommends purchasing Matt's NFL Playoff Package which includes all of Matt's Super Bowl props and picks from just $45.00.
Get free Super Bowl XLIII Betting from top rated online sportsbook MySportsbook.com. Mysportsbook.com online Super Bowl betting with credit cards
Barry Bonds Watch: Giants Slugger Says He'll Be Back
With only 21 home runs standing between him and Hank Aaron, Barry Bonds is indeed planning on coming back for more in 2007. At least, that's what his agent told the Los Angeles Times.
"Barry's going to play in 2007," Jeff Borris of Beverly Hills Sports Council told the Times on Tuesday. "I've had many discussions with Barry and he's going to play. My intentions are to see to it he's in a big-league uniform next season. Those are my marching orders."
Contract negotiations could get started as early as next week. Let's see which team has the deeper pockets. Will MLB baseball betting lines despite allegations of steroid use? Bet On It at www.MySportsbook.com .
Get all your baseball betting lines, MLB lines and MLB team props at the My Sportbook.
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Bonds nearly hits HR 751, SF wins
4 and drove in
a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat
1, in the middle contest of three at AT&T Park.
6) allowed five hits and one run over 6 2/3 innings, fanning
eight and walking three.
game slide.
Bonds, who came within five homers of Hank Aaron's record on Friday, went
1 with three walks, an RBI double and scored twice. The double ...
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