Kovalchuk pact approved; NHL-NHLPA adopt rules for long-term deals

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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.

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Football Betting: Defensive Rookie of the Year Awards

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.

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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

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To visit this internet sportsbook go to MySportsbook.com for all your football betting needs.

American Idol odds : Blake Lewis the Early Standout

An important American Idol betting lines recap from February 20 Guys episode. The 12 men came out flat overall with Blake Lewis appearing to have the early edge after the first hour and a half.

Rudy - was quite good singing "Free Ride" to start off.  Randy was not impressed though.  Paula thought he started off fantastic.  "Never had anyone stop off so lively" said Paula but Simon (who does not like Rudy) does not feel he has a distinct voice and was not impressed either. 

Brandon was a little pitchy according to Randy and Paula agreed.  Simon said he was a good singer but the song was "too safe" and he needs to make an impact.  He was listed at +1200 odds or $1200 paid out on a $100 bet should he win the competition. 

Big favorite Sundance came in with a flat version of "Knights in White Satin" and the judges let him have it, including Paula.  Randy claimed the song was out of pitch throughout.

Korean American - and a Jenny Woo favorite - Paul Kim was up next.  Another pitchy flat one but Randy said he still liked his potential.  Kim at +3000 odds was said to have sung a "third rate version of that (George Michael) song" according to Simon Cowell.  He sang "Careless Whisper".

22 year old Chris Richardson was up next.  He was listed with +1100 odds coming in.  He got the best response from the judges though Simon did not believe the vocal was that great. 

Nick was boring and pitchy.  Simon didn't think he was that bad though and predicted he would be back next week.  Nick Pedro was a big +3000 dog coming into this competition. 

Beat boxer Blake Lewis was listed with early +1000 odds or $1000 payout on a $100 bet if he were to become the next American Idol winner odds .  These of course were the early odds.  He was considered original for picking an "odd song".  He did not beat box and the judges felt it was the best vocal of the night. 

Sanjaya came in as the second biggest favorite after Chris Sligh but his performance Tuesday night was not very good. 

Chris Sleigh was the early favorite at +450 odds.  Great voice and a great sense of humor.  He's a real standout.  Randy felt it was on point but maybe ahead of the chorus a little bit.  Simon Cowell said he felt like he was in some "sort of weird student gig". 

Jared Cotter followed.  He was listed with +2000 odds early on to win the competition.  The judges felt he needs to take more risks but looked good. 

22-year old AJ Talbado, who has tried out for American Idol five times, was up next.  "Kind of a theme park performance" said Simon.  Though the judges felt he performed okay.  Simon did feel AJ might be better than he originally thought.

Phil - this season's military favorite - came into this competition with +1200 odds to win the competition.  He was the last to perform.  He was certainly strong enough to get through this stage of the competition and perhaps the best one after a shaky start. 

Tomorrow night, the ladies perform and I sure hope they do a better job than the boys.  Check out all the American Idol betting odds here.

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.