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NHL approves new Kovalchuk contractHockey Betting Lines09/03/2010 - 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
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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 >>
Padres recall Russell >>
Cardinals release 16 players >>
Broncos' LenDale White out for season >>
MySportsbook.com week 1 NFL linesNow that the 2008 NFL schedule is finally out, it is only matter-of-course for lines on “Week 1” to follow. Of course MySportsbook.com is the first to churn out odds for the NFL’s inaugural week for the upcoming season. Expect a lot of fireworks the first Thursday night of the season as the defending champion Indianapolis Colts face off against the surprise of the 2008 season, the New Orleans Saints. These teams were ranked #1 and #3 in the NFL respectively a season ago so a high scoring affair could be in order. As of now, the Colts will be giving 6 points to the Saints; keep in mind the Saints were one of the better road teams last season going 6-3 SU and 7-2 ATS. The first Monday night of the season will again provide a “double feature”. Coming off a disappointing season, the Cincinnati Bengals will look to get back to playoffs and improve their public image as they take on the AFC North favorite Baltimore Ravens. The second game features a couple of teams that haven’t had too much success recently but each could make some noise if the NFC is as weak as it was last year as the San Francisco 49ers host the Arizona Cardinals. The most interesting game of the opening week will feature the NFC champion Bears as they hit the road to take on the NFL’s top team during last year’s regular season, the San Diego Chargers. MySportsbook.com Week 1 odds: Saints +6 @ Colts -6 Falcons @ Vikings (pick ‘em) Panthers @ Rams (pick ‘em) Broncos -3.5 @ Bills +3.5 Chiefs -1 @ Texans +1 Dolphins +3 @ Redskins -3 Patriots -5 @ Jets +5 Eagles -3.5 @ Packers +3.5 Steelers -4 @ Browns +4 Titans +6 @ Jaguars -6 Bears +6 @ Chargers -6 Lions +3 @ Raiders -3 Bucs +6.5 @ Seahawks -6.5 Giants +4 @ Cowboys -4 Ravens +3 @ Bengals -3 Cardinals +3 @ 49ers -3 Super Bowl line (2008) NFC +6.5 vs. AFC -6.5 MySportsbook is a large, publicly traded company with strong financial backing. You will find their customer service is second to none and their web site is extremely user friendly and easy-to-use. All major professional sports games are available. Once you signup with MySportsbook, you may never use another online sportsbook again. To visit this online sportsbook got to MySportsbook.com for all your football sportsbook needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards. |
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