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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
In the wake of the news that the 49ers have signed receiver Michael Crabtree after an extended holdout, there has been not a hint of the dollars to be paid to Crabtree.
And since this means that his agent hasn't leaked the numbers, it means that his agent feels no specific motivation to do so.
Possibly because his agent isn't all that thrilled to have his name on the deal.
So the numbers will come from sources other than Crabtree's agent. And we've gotten our mitts into them.
Per a league source, Crabtree has signed a six-year, $32 million contract. (The total includes guaranteed money, base salaries, and the one-time incentive based on achieving minimum playing time.)
The deal also includes $17 million in guaranteed money.
As reported elsewhere, the deal can void to five years based on performance triggers, wiping out a final year base salary of $4 million. But they won't be easily reached.
The source tells us that, in his first four seasons (including 2009), Crabtree must either qualify for two Pro Bowls, or he must qualify for one Pro Bowl in one year and he must participate in 80 percent of the offensive snaps in a separate year in which the team makes the playoffs.
In other words, if in 2010 he qualifies for the Pro Bowl and the team makes the playoffs and he participates in 80 percent of the snaps, he'll still need to make it to the Pro Bowl or achieve the 80-percent/playoffs in another season.
Since the chances of Crabtree making the Pro Bowl or participating in 80 percent of the offensive snaps this year is roughly zero percent, he'll have three years to get it done.
And it won't be easy. Frankly, he'll be hard pressed to make it to one Pro Bowl in three years with the likes of Larry Fitzgerald, Calvin Johnson, Anquan Boldin, Steve Smith, the other Steve Smith, Hakeem Nicks, DeSean Jackson, Johnny Knox, Percy Harvin, Greg Jennings, Roddy White, T.J. Houshmandzadeh in the same conference for sportsbook betting.
So, by all appearances, it's a six-year deal. And at $17 million in guaranteed money, the per-year guarantee is a tepid $2.83 million per year.
There's another problem with the deal -- it has no mid-tier incentive package. Instead, the additional $8 million that Crabtree can earn (pushing the max value to six years, $40 million) requires the kind of unrealistic, mega-star performances that no rookie is likely to ever achieve.
So while the contract paid to Packers defensive tackle B.J. Raji covers five years and pays $22.5 million, he has the ability (if he's a solid player) to make up the difference between his base deal and Crabtree's five-year, $28 million haul via the mid-tier incentive package in Raji's deal.
And unless Crabtree meets the performance thresholds necessary to void the sixth year, he'll be stuck under contract for another year at a base salary of only $4 million.
There's one other area of concern with the deal. Crabtree, per the source, received no option bonus. Instead, he has significant money tied to a fairly new device known as a "discretionary salary advance," which unlike an opition bonus is subject to forfeiture if Crabtree decides in a year or two that he wants to hold out for a better deal. (We're also told that the 49ers have included language that would make certain escalators subject to forfeiture, too.)
Meanwhile, the deal falls well short of the mark for which Crabtree and agent Eugene Parker were aiming -- the five-year, $38.25 million contract paid by the Raiders to receiver Darrius Heyward-Bey, the seventh overall pick in the draft.
Even if Crabtree successfully voids the final year, he'll make more than $2 million per year less on average than Heyward-Bey.
Thus, as we explained earlier in the day, this is a deal that Crabtree could have done in July, which would have given him a much better chance of making a contribution to the 49ers during his rookie year.
So while the final outcome can be described as win-win, the broader view suggests that it's really a lose-lose situation.
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Michael Vick is back, Brett Favre isn't and the NFC East remains the best division in the NFC, maybe in all of football.
As players start to gather for the start of another season, some things change and some stay the same in the world of the NFL.
The NFC East has been the dominant division in the National Conference for a while, despite limited playoff success, save for the New York Giants surprise Super Bowl win two seasons ago.
Hell, there's a generation of kids in Texas who have never seen the Cowboys win a playoff game (last win was in 1996).
But collectively, the Giants, Eagles, Cowboys and Redskins (well, maybe not so much the Redskins) are as good as a division gets in an NFC conference that has struggled to stay competitive with the AFC side.
Sports bettors have both acknowledged the NFC East's dominance, as one glance at the NFL future odds menu will show.
Looking over the NFL betting odds at online sports book MySportsbook.com we see the top three teams listed to win the NFC Championship are all from the NFC East:
Dallas Cowboys - 7 - 1
Philadelphia Eagles - 13 - 2
New York Giants - 9 - 2
Slotting in behind these three are two teams from the NFC North: the Minnesota Vikings (15-2) and the Chicago Bears (10-1).
Again, despite the lack of recent playoff success, the Dallas Cowboys are popular with the sports betting community, as they hold 14% of all the money wagered on who will win the NFC Championship.
So far, the New York Giants are the bettors' favorite to represent their conference in the Super Bowl, as they have 24% of the overall NFC Championship betting volume.
And what about the Philadelphia Eagles? For the most part, the Eagles had a very productive offseason, the kind that could bring them back to the top.
They had a good draft adding the likes of WR Jeremy Maclin and RB LeSean McCoy.
Unfortunately, the team received a blow when long-time defensive coordinator Jim Johnson passed away on Tuesday.
But this team will make a real run at the division title this year. Going into the regular season, Philly is listed at +240 to win the division.
Last season the Eagles were 9-6-1 SU and 10-6 ATS.
Teams from the NFC East will play teams from the AFC West in the regular season and the Eagles haven't really been a good bet in the last 20 games against the likes of San Diego, Oakland, K.C. and Denver, only going 8-12 ATS.
Two seasons removed from that Super Bowl title, the New York Giants see themselves listed as the odds-on favorite in NFC East championship futures at +162.
Plaxico Burress is gone and with him all the bad publicity surrounding the gun in the sweatpants incident, but can they replace him in the offense?
Last season the Giants were a very reliable bet going 12-4 ATS.
In the Giants' last 20 games against fellow teams from the NFC East; they are 13-7 ATS.
Dallas is listed at +240 to win the division.
Dallas went 9-7 SU and 7-9 ATS last season and with the amount of talent the Cowboys have, a similar performance won't do.
The Cowboys have been atrocious against divisional rivals, going 6-14 ATS in their last 20.
The Washington Redskins are longshots to win the division at +550.
Visit MySportsbook.com for free sportsbook odds RSS feeds go to MySportsbook.com for all your betting football needs.
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