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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
Oddsmakers have released the odds for the 2009 AP NFL Defensive Rookie of the Year Award and Seattle Seahawks linebacker Aaron Curry has been made the opening favorite.
Seattle took Curry with the fourth overall pick in April's NFL draft and plan on inserting him into its starting lineup right away. The Hawks traded linebacker Julian Peterson in the offseason, so Curry is expected to have a significant role in Seattle's defense next year and that's one of the primary reasons he is the favorite to win the NFL ROY Award.
Oddsmakers from online sportsbook MySportsbook.com have made Curry a 5/1 favorite to win this year's NFL Defensive Rookie of the Year Award. Given that he was the best defensive prospect in this year's draft and how he'll have plenty of opportunities to make plays in '09, Curry offers a ton of value at 5/1.
Another thing working for Curry is the position he plays. A linebacker has won the defensive ROY award six straight times and eight of the last nine years. Jerod Mayo, Patrick Willis, DeMeco Ryans, Shawne Merriman, Jonathan Vilma, Terrell Suggs, Kendrell Bell and Brian Urlacher were the most recent linebackers to take home the award.
Following Curry at 5/1 are Tyson Jackson (Chiefs) at 7/1, James Laurinaitas (Rams) at 8/1, Brian Orakpo (Redskins) at 10/1, Rey Maualuga (Bengals) at 10/1 and Jerry Peria (Falcons) at 10/1.
All the players mentioned above are expected to start for their respective teams, but Jackson and Peria are going to have a tough time being recognized on a national level given they're both defensive linemen. D-linemen rarely put up the numbers that it takes to win an individual award like the ROY.
A couple of players with some value are Clay Matthews (Packers) at 12/1 and Larry English (Chargers) at 15/1. Matthews is expected to start at outside linebacker in Green Bay's new 3-4 defense and could rack up a ton of tackles. English, who was an impressive player at Northern Illinois, is expected to be a situational pass rusher for the Chargers and could rack up a ton of sacks.
For complete odds on the 2009 AP NFL Defensive Rookie of the Year Award, see below. And for complete odds for the 2009 AP NFL Offensive Rookie of the Year Award, click the link provided.
2009 AP NFL Defensive Rookie of the Year Award
Robert Ayers (DEN) 12/1
Ron Brace (NE) 25/1
Everette Brown (CAR) 16/1
Darius Butler (NE) 40/1
Patrick Chung (NE) 30/1
Aaron Curry (SEA) 5/1
Brian Cushing (HOU) 12/1
Vontae Davis (MIA) 30/1
Louis Delmas (DET) 30/1
Larry English (SD) 15/1
Evander Hood (PIT) 25/1
Tyson Jackson (KC) 7/1
Malcolm Jenkins (NO) 25/1
Paul Kruger (BAL) 50/1
James Laurinaitas (STL) 8/1
Sen'Derrick Marks (TEN) 20/1
Clay Matthews (GB) 12/1
Aaron Maybin (BUF) 15/1
Rey Maualuga (CIN) 10/1
Roy Miller (TB) 20/1
Michael Mitchell (OAK) 45/1
Fili Moala (IND) 30/1
Brian Orakpo (WAS) 10/1
Jerry Peria (ATL) 10/1
B J Raji (GB) 7/1
Clint Sintim (NYG) 35/1
Alphonso Smith (DEN) 40/1
David Verkune (CLE) 20/1
Jason Williams (DAL) 30/1
Field (Any Other Player) 6/1
To visit this internet sportsbook go to MySportsbook.com for all your football betting needs.
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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