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.

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Super Bowl XLIII Betting Odds

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.

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Eastern Conference Playoff Betting Trends

We all know by now that the “public” loves to put their money on the FAVORITES and the OVERS.  Just by taking a quick glance at Sportsbook.com’s “Betting Trends” it appears as is this tendency will continue as far as the Eastern Conference games are concerned.  For the inaugural games of the first round, 69% of the early money is on Toronto -4.5; 59% of bettors prefer Chicago -4.5; 84% are backing Detroit -9; and 56% think Cleveland -11.5 is the way to go.  As far as TOTALS are concerned, the only UNDER the “public” is backing is the Cleveland/ Washington game in which 83% are pounding the UNDER (190).  Remember, there is no better way to predict a possible line change than by monitoring MySportsbook.com’s “Betting Trends”.   By determining who the “public” is backing, you can get the most ideal line for your bet.  For example, if you are siding with the public you better place your bet before the line moves in the wrong direction.  On the other side of the coin, if you prefer the team that the “public” is betting against; you might be able to get and extra ½ or even more by placing your bet a bit later.  Under the “Betting Trends” section, Sportsbook.com also provides plenty of statistical data and trends in order for the bettor to make the most informed pick.  Below are some extremely important trends for the first round opponents of the Eastern Conference match-ups, more can be found at MySportsbook.com

New Jersey Nets vs. Toronto Raptors

Toronto was the most reliable covering team this season with a 48-33-1 ATS record but covered the OVER only 41.5% of the time.
The last 20 times these teams have played, the TOTAL has gone UNDER 16 times.
Versus Eastern Conference teams, Toronto is 33-19 ATS including 17-9 at home.
 New Jersey has covered four games in a row while Toronto has failed to cover their last four games.
When playing a team with a winning record during the second half of the season, New Jersey was just 5-13 ATS this season.
After scoring 105 points or more, Toronto has covered the OVER only 28% of the time this season. 
 
Miami Heat @ Chicago Bulls

Miami has failed to cover their last 7 games whereas Chicago has covered 6 out of their last 8 games.
Miami has covered the UNDER in four of their last five games whereas Chicago has covered the UNDER in five out of their last six.
When playing on Saturdays, Miami covered 80% of their games this season.
Away from home, Chicago is just 16-25 ATS this season.
At home, Miami covered the UNDER about 66% of the time whereas Chicago covered the UNDER about 61% of the time.
The last 13 times these teams have played each other, Chicago has covered 9 times.
In Miami’s last 11 road games, the UNDER covered 9 times. 
 
Orlando Magic @ Detroit Pistons

Detroit has covered 5 out of their last 6 games.
Away from home, Detroit is 28-13 ATS but just 14-26-1 ATS at home.
At home, Orlando covered the UNDER 64% of the time while Detroit covered the UNDER in 63% of their away games.
The last five times these teams have played in Detroit, the OVER covered each time.
Versus Eastern Conference teams, Detroit is 8-17-1 ATS at home but 17-9 ATS away.
Detroit covered the spread 5 out of the last 6 times they played Orlando.
After a Division game, Orlando covered the UNDER 87% of the time this season. 
 
Washington Wizards @ Cleveland Cavaliers

In a home game where the TOTAL is between 190 and 194.5 points, Cleveland is 9-1 ATS this season.
Washington has covered the UNDER in their last 6 games and in 8 of their last 9 games.
The last 6 times these teams have played each other, the UNDER covered each time.
When playing on 3 or more days of rest, Washington is just 18-37 ATS since 1996.
Since 1996, Washington is 28-16 ATS versus Cleveland including 11-5 over the last 3 seasons.
In their last 7 road games, Washington is 6-1 ATS.
Versus Eastern Conference teams at home, Washington is just 6-18-2 ATS. 
 
For even more betting trends for not just the NBA but for all of the major sports, log on to Sportsbook.com and click on “Trends”.  With only two months left in the NBA betting season it is important to be as well informed as possible in order to maximize your profit.  Also for all of you poker players, check out MySportsbook.com’s “WSOP Low Bid Auction”. You could be on your way to Vegas to play against the world’s best poker players for under a buck.

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