League voids Kovalchuk's deal with Devils

Hockey Betting Lines

07/20/2010 - Toronto, ON (Sportsbook Betting Lines) - The NHL has rejected Ilya Kovalchuk's 17-year, $102 million contract with the New Jersey Devils on grounds that it circumvents the league's salary cap.

The report is according to TSN Canada.

The rejection is 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.

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 was the hottest commodity on this year's free agent market, as he was pursued by the Devils, Kings, Islanders and a Russian club among others. He has turned down reported offers of $70 million over seven years and $100 million over 12 years from the Thrashers, who finally gave up on re-signing the sniper and sent him to New Jersey in a package that netted Atlanta defenseman Johnny Oduya, right wing Niclas Bergfors, forward Patrice Cormier and a first-round draft pick.

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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". 

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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.

MySportsbook.com and Kentucky Derby Offer Bonuses
The 2008 Kentucky Derby has announced a $1-million bonus for this weekend’s 134th ‘Run for the Roses’ and MySportsbook.com is doing the same.

Well, not quite $1 million, but MySportsbook.com is offering a 75% rebate for Kentucky Derby lines. Check out the exclusive horse racing bonus for all the details.

According to MySportsbook.com, the favorites for Saturday’s Kentucky Derby at Churchill Downs in Louisville, Kentucky are: Curlin (+250); Street Sense (+500); Scat Daddy (+700); Circular Quay (+750); and Nobiz Like Shobiz (+800).

Derby organizers announced this week that there will be a $1-million bonus at the 2007 Kentucky Derby odds if the first-place horse wins by more than 6 1/2 lengths – the margin of Barbaro's victory last year. The bonus would be divided Saturday among the winning trainer, jockey, owner and a charity, with each receiving 25 percent. The designated charity is the Barbaro Memorial Fund.

''It's certainly creative, it's certainly fun and it has something for the horsemen, which we always want to embrace,'' Churchill Downs president and chief executive Robert Evans said at a news conference. ''What's really cool is it will force us to remember Barbaro.''
    
Meanwhile, the Derby favorite – Curlin – is going against the odds this year. It's been 125 years since Apollo won after skipping his 2-year-old season, and not since Regret in 1915 has such a lightly seasoned horse worn the blanket of red roses.

Arkansas Derby winner Curlin – unbeaten in three career races – tries to overcome both those obstacles in Saturday's 133rd Derby.

''We're not running against history,'' trainer Steve Asmussen said Monday. ''We're running against who they load up.''

Six other horses have run in the Derby without benefit of 2-year-old races and with three or fewer starts. The best any of them managed was a sixth-place finish by Showing Up last year.
   
Asmussen dismissed suggestions that Curlin's lack of racing experience could keep him from the winner's circle.

”He exudes confidence and he's got a great presence about him,'' the trainer said. ''I feel great about the position we're in. He's not worried about anything, why should you be?''
   
The Kentucky Derby is at 4:04 p.m., ET Saturday.

For complete odds on the Kentucky Derby, visit MySportsbook.com. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.