Devils submit new Kovalchuk contract

Hockey Betting Lines

08/28/2010 - Hackensack, NJ (Sportsbook Betting Lines) - The New Jersey Devils have reportedly submitted a new contract with Ilya Kovalchuk to the NHL.

The Bergen Record reported that NHL deputy commissioner Bill Daly confirmed Friday that the league is reviewing the contract and has 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.

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, the Russian star has accumulated 338 goals and 642 points.

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MySportsbook.com: NBA Championship Odds

With the playoffs about two months away, the top two teams in the Western Conference are the clear cut leaders to win the NBA Championship. The Dallas Mavericks have the best record in the NBA (44-9) and have been absolutely scorching since the second week of the season.  What makes the Mavs’ record more impressive is the fact that they dropped their first four games of the season.  Currently they have won 17 out of their last 18 and are MySportsbook.com’s favorite (2-1) to win it all.  Right behind the Mavs are the Pacific leading Phoenix Suns (39-13).  Last season, the Suns lost in the Conference Finals to non-other then the Mavericks four games to two.  Of course the Suns were without center Amare Stoudemire who has is averaging 19.9 PPG and 9.5 RPG since coming back from his knee injury.  Unlike the Mavs, the Suns have struggled a bit lately having lost their last three and four out of their last seven.  Of course the main reason for their three straight loses is due to the absence of two time MVP Steve Nash, who is out with a shoulder injury.  Heads-up, the Mavs have beaten the Suns in both of their meetings this season.

In the Eastern Conference, the Pistons (32-19) are the favorites to win it all at 6-1. The addition of Chris Webber seems to have been a good move for the Pistons.  Since coming over from the 76ers, Webber has averaged 13.1 PPG and 7.3 RPG and the Pistons are 11-4.  Even though the defending champion Heat are currently on the playoff making cusp, they are the Eastern Conference team that is getting the most action to win it all (9-1).  The fact that Shaquille O’Neal is back in the starting lineup after missing 39 games probably has something to do with this.  No doubt, Shaq makes a difference when in the lineup as their winning six out of their last seven would indicate.

Just because it is the All-Star break doesn’t mean that you can’t bet on NBA hoops this weekend.  Be sure to log onto MySportsbook.com to bet on who you think will cut down the nets this July. Also, be sure to check out all of the lines and props for All-Star weekend.  With the highest credit card acceptance rate in the industry, there are plenty of ways to cash in on the NBA this weekend.

MySportsbook.com’s NBA Championship odds:

Atlanta Hawks 1000-1

Boston Celtics 5000-1

Charlotte Bobcats 5000-1

Chicago Bulls 20-1

Cleveland Cavaliers 20-1

Dallas Mavericks 2-1

Denver Nuggets 25-1

Detroit Pistons 6-1

Golden State Warriors 250-1

Houston Rockets 12-1

Indiana Pacers 60-1

Los Angeles Clippers 45-1

Memphis Grizzlies 5000-1

Miami Heat 9-1

Milwaukee Bucks 1000-1

Minnesota T-Wolves 200-1

New Jersey Nets 50-1

New Orleans Hornets 150-1

New York Knicks 150-1

Orlando Magic 75-1

Philadelphia 76ers 1000-1

Phoenix Suns 5-2

Portland TrailBlazers 1000-1

Sacramento Kings 250-1

San Antonio Spurs 9-1

Seattle Sonics 5000-1

Toronto Raptors 35-1

Utah Jazz 20-1

Washington Wizards 25-1

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