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07/26/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk's free agency saga took another turn on Monday when the NHL Players' Association filed a grievance on behalf of the Russian superstar who had his 17-year, $102 million contract with New Jersey rejected by the league.
"The NHLPA has filed a grievance disputing the NHL's rejection of the standard player contract between the New Jersey Devils and Ilya Kovalchuk," the NHLPA said in a statement. "Under the terms of the CBA, the NHLPA and Mr. Kovalchuk are entitled to an expedited resolution of this matter. The NHLPA will have no further comment until this matter has been resolved by an arbitrator."
The NHL rejected the record deal last week on grounds that it circumvented the league's salary cap. The rejection was likely due to the way the deal is structured, which was previously reported by the Newark Star-Ledger. He was due to earn $6 million in each of the next two seasons, $11.5 million from 2012-17 and $10.5 million the following year. The salary was scheduled to fall off after that until he made $550,000 annually in the final five years of the deal. He would have been 44 years old when the contract was set to conclude in 2027.
The way the current collective bargaining agreement is structured, a player who signs a deal before the age of 35 can eventually retire and have his contract come off a team's salary cap; however, teams must negotiate in a good faith effort to have the player remain in the league for the duration of the contract. It appears the Devils frontloaded the deal so Kovalchuk could have earned as much money as possible while providing the lowest possible cap hit for the team.
The next step in the process is to find an arbitrator to rule on the case. Once selected, that individual will have 48 hours to decide on an outcome. Kovalchuk will either have his contract with New Jersey upheld or he will once again become an unrestricted free agent, allowing the 27-year-old left winger to sign with any team, should the arbitrator side with the NHL.
Similar investigations were also launched last offseason for Philadelphia's Chris Pronger and Chicago's Marian Hossa, but the league did not void either of those contracts. Pronger signed a seven-year extension worth $35 million, where he makes $525,000 in each of the final two seasons, while Hossa makes $1 million or less in each of the final four years of his 12-year, $62 million deal.
Kovalchuk registered 41 goals and 44 assists in 76 games split between Atlanta and New Jersey last season.
<< Inter Milan brass taking massive gamble with Balotelli sale
Toronto, Canada (Sportsbook Betting Lines) - With reports surfacing that Inter Milan are
prepared to transfer Mario Balotelli to Manchester City for a fee in the range
of 30 million Euros, the young star's tumultuous time with the club seems to be
at an
<< Gasquet rolls; Robredo exits Gstaad
Gstaad, Switzerland (Sportsbook Betting Lines) - Former top-10 Frenchman Richard Gasquet
reached the second round, while fifth-seeded Spaniard Tommy Robredo came up a
first-round loser Monday at the Swiss Open.
The seventh-seeded Gasquet grounded U
<< This Week in Golf - July 29th through August 1st
Philadelphia, PA (Sportsbook Betting Lines) - WOMEN'S BRITISH OPEN, Royal Birkdale Golf
Club, Southport, England - The women remain in Europe this week for the fourth
and final major of their season, the Women's British Open.
Catriona Matthew was th
<< NHLPA files grievance against NHL over Kovalchuk
TORONTO (AP) -The National Hockey League Players' Association has filed a grievance over the league's rejection of the contract between Ilya Kovalchuk and the New Jersey Devils.The league rejected the landmark 17-year, $102 million contract last wee
Rachel Alexandra gains spot in poll after Monmouth victory >>
New York, NY (Sportsbook Betting Lines) - Reigning Horse of the Year Rachel Alexandra
moved into third in the latest NTRA National Thoroughbred Poll. The four-year-
old filly advanced one position following a win Saturday at Monmouth Park.
Owned b
Hornets GM says Paul did not ask for trade at meeting >>
New Orleans, LA (Sportsbook Betting Lines) - Three-time All-Star point guard Chris Paul
met with Hornets management Monday, and new general manager Dell Demps
reportedly said Paul did not ask to be traded.
According to The Times-Picayune, D
Zakuani claims MLS POW award with brace against Rapids >>
New York, NY (Sportsbook Betting Lines) - Steve Zakuani of Seattle Sounders FC was
voted Major League Soccer Player of the Week for Week 17 of the 2010 MLS
season on Monday.
Zakuani scored both of Seattle's goals in a 2-1 win over the Co
Overdue Fish finally hits his stride >>
Philadelphia, PA (Sportsbook Betting Lines) - Minnesota native Mardy Fish is currently
enjoying the best stretch of his tennis career since joining the pro ranks 10
years ago.
Don't look now, but the 28-year-old American has now won his last two
tour
New York, NY – October 3, 2007 – The dress rehearsal is over! The NHL preseason has ended and now that fans have had a glimpse of what is to come it is time to hit the book! Stanley Cup odds are live at MySportsbook.com, the world’s largest online sportsbook and casino.
The Ottawa Senators and Detroit Red Wings remain on top of the odds charts after an impressive start in the preseason. Betting lines opened for both teams at 6-1 in June. Since then the Sens have fallen to 7-1 and the Red Wings are now caught in a pack including the defending champion Carolina Hurricanes, the San Jose Sharks and the Anaheim Ducks, all at 10-1.
MySportsbook.com has also posted props on each team’s point total for the regular season. The Senators lead the charge at 108.5 followed by the Ducks at 106.5. Detroit will attempt a repeat for the prize as the Red Wings are deadlocked with the Predators at 104.5 a piece. The temporary loss of highly touted rookie Evgeni Malkin puts a lot of pressure on the stick of assistant captain Sidney Crosby - his lowly Pittsburgh Penguins are listed at 71.5.
Even if bettors are not brave enough to put their money on the underdog, an early bet on the favorites at sportsbook.com tends to produce bigger payouts than a mid-season wager. Placing a $1,000 bet last summer on the Detroit Red Wings or Ottawa Senators would have paid out to $8,000 and $10,000 respectively, opposed to a $2,500 or $3,000 payout at the beginning of the playoffs.
| Ottawa Senators Detroit Red Wings Carolina Hurricanes San Jose Sharks Anaheim Ducks Philadelphia Flyers Calgary Flames New Jersey Devils Buffalo Sabres Dallas Stars New York Rangers Nashville Predators Vancouver Canucks Colorado Avalanche Minnesota Wild Tampa Bay Lightning Boston Bruins Florida Panthers Montreal Canadiens Atlanta Thrashers Toronto Maple Leafs Edmonton Oilers Phoenix Coyotes Los Angeles Kings New York Islanders Columbus Blue Jackets St. Louis Blues Pittsburgh Penguins Washington Capitals Chicago Blackhawks |
7-1 10-1 10-1 10-1 10-1 12-1 12-1 12-1 12-1 15-1 15-1 15-1 20-1 20-1 25-1 25-1 30-1 30-1 30-1 30-1 30-1 30-1 40-1 40-1 50-1 50-1 80-1 80-1 100-1 100-1 |
NHL Regular Season Points - Team Must Play 82 Games
| Team Ottawa Senators Anaheim Ducks Detroit Red Wings Nashville Predators San Jose Sharks Calgary Flames Philadelphia Flyers New Jersey Devils Buffalo Sabres Carolina Hurricanes Dallas Stars New York Rangers Minnesota Wild Atlanta Thrashers Montreal Canadiens Team Los Angeles Kings Tampa Bay Lightening Vancouver Canucks Boston Bruins Colorado Avalanche Edmonton Oilers Phoenix Coyotes Toronto Maple Leafs Florida Panthers Columbus Blue Jackets New York Islanders Chicago Blackhawks St. Louis Blues Washington Capitals Pittsburgh Penguins |
Over/Under 108.5 106.5 104.5 104.5 103.5 101.5 100.5 99.5 97.5 97.5 97.5 95.5 94.5 93.5 92.5 Over/Under 91.5 91.5 91.5 89.5 89.5 88.5 88.5 86.5 84.5 82.5 80.5 72.5 72.5 72.5 71.5 |
To visit this online sportsbook got to MySportsbook.com for all your hockey sportsbook needs.
Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs.
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