Devils GM weighs in on Kovalchuk deadline
Hockey Betting Lines
09/01/2010 -
Newark, NJ (Sportsbook Betting Lines) - New Jersey Devils general manager Lou
Lamoriello issued a statement on Wednesday, addressing the National Hockey
League's decision to extend the deadline on accepting a new contract for free-
agent forward Ilya Kovalchuk to this coming Friday.
The Devils submitted a new contract concerning Kovalchuk to the league last
Friday.
"We have today been advised that the NHL and NHLPA have agreed to extend until
Friday the decision on whether to approve or reject the latest contract
between Ilya Kovalchuk and the New Jersey Devils.
"We remain confident that the terms of this contract comply, in every respect,
with the CBA (Collective Bargaining Agreement) and meet both the NHL's
concerns and the principles of arbitrator Bloch's decision. We remain
optimistic that this extension will result in an approval of the contract and
that Ilya Kovalchuk will remain a valuable member of the Devils for the
balance of his career."
The Bergen Record reported last Friday that NHL deputy commissioner Bill
Daly confirmed the league was reviewing the contract and had five days,
beginning Friday, to either approve or reject the deal. The paper reported the
contract is believed to be worth $100 million over 15 years, with an annual
salary cap hit of $6.66 million.
The league rejected Kovalchuk's 17-year, $102 million contract in July, on
grounds that it circumvented the salary cap. The reported deal was front-
loaded so Kovalchuk could have earned as much money as possible while
providing the lowest possible cap hit for the team.
After the NHL Players Association filed a grievance, an arbitrator ruled on
August 9 in favor of the NHL, voiding the deal and making Kovalchuk an
unrestricted free agent again.
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Academy Award Betting Odds for Best Picture Offer Great Value
If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture. Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
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