NHLPA files grievance on behalf of Kovalchuk

Hockey Betting Lines

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.

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MySportsbook.com Favors Fighting Irish to win College Football betting odds

According to odds makers at MySportsbook.com, on January 8, the Fighting Irish faithful may be toasting their 14th national title in Arizona – Notre Dame’s first national championship in close to 20 years.

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ODDS TO WIN THE BCS NATIONAL CHAMPIONSHIP

Notre Dame
Ohio State
West Virginia
Texas
USC
Florida
California
Auburn
Oklahoma
Iowa
Louisville
Florida State
Michigan
Miami (FL)
LSU
Penn State
Virginia Tech
Nebraska
Tennessee
Georgia
Arizona State
Oregon
Clemson
Texas A&M
Texas Tech
Alabama
Arkansas
Boston College
Michigan State
Maryland
South Carolina
Colorado
Purdue
Georgia Tech
TCU
UCLA
Arizona
Pittsburgh
Iowa State
Wisconsin
North Carolina State
Virginia
North Carolina
Fresno State
Hawaii
Northwestern
BYU
Oregon State
UNLV
Field (Any Other Team)
5-1
7-1
8-1
8-1
8-1
12-1
15-1
15-1
18-1
20-1
20-1
20-1
20-1
20-1
25-1
40-1
40-1
50-1
60-1
60-1
60-1
70-1
70-1
100-1
100-1
100-1
100-1
100-1
150-1
200-1
200-1
200-1
200-1
200-1
250-1
250-1
300-1
300-1
300-1
300-1
300-1
300-1
400-1
500-1
500-1
500-1
500-1
1000-1
1000-1
40-1



ODDS TO WIN ACC CHAMPIONSHIP GAME

Miami (FL)
Florida State
Virginia Tech
Clemson
Georgia Tech
Boston College
Maryland
Virginia
North Carolina State
North Carolina
Wake Forest
Duke
2-1
2-1
3-1
7-1
15-1
15-1
15-1
30-1
30-1
30-1
50-1
500-1



ODDS TO WIN BIG 12 CHAMPIONSHIP GAME

Texas
Oklahoma
Nebraska
Texas Tech
Colorado
Iowa State
Texas A&M
Kansas State
Missouri
Kansas
Baylor
Oklahoma State
7-5
9-5
9-2
12-1
14-1
15-1
15-1
30-1
30-1
35-1
100-1
100-1



ODDS TO WIN SEC CHAMPIONSHIP GAME

Auburn
Florida
LSU
Georgia
Tennessee
Arkansas
Alabama
Mississippi
South Carolina
Mississippi State
Kentucky
Vanderbilt
5-2
11-4
4-1
6-1
7-1
7-1
9-1
20-1
28-1
75-1
100-1
300-1

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