Devils, Kovalchuk finally seal the deal
Hockey Betting Lines
09/07/2010 -
Philadelphia, PA (Sportsbook Betting Lines) - It was anything but a smooth process, but
Ilya Kovalchuk and the New Jersey Devils were finally able to consummate their
long summer courtship in the early morning hours this past Saturday.
Two months after hitting the open market, Kovalchuk -- this summer's most
sought-after free agent -- was officially signed to a long-term deal by New
Jersey after the NHL approved the most recent contract agreed upon by the
Russian winger and the Devils.
Of course, Kovalchuk's initial 17-year, $102 million deal with the Devils was
rejected by the league because the NHL felt that contract deliberately
circumvented the salary cap. The league also took a long, hard look at the 15-
year, $100 million deal that was eventually approved around 3:00 a.m. (et) on
Saturday, September 4th. The contract was originally submitted to the league
on August 27, but as it turns out the league and the NHL Players Association
were discussing much more than Kovalchuk's prospective contract.
Along with the Kovalchuk signing, the NHL and NHLPA also announced Saturday
morning that they had agreed on a new set of rules regarding contracts of five
years or longer in length. Basically, the new arrangement is designed to
discourage teams and players from agreeing on deals that try to extend a
contract well into the player's 40s. Under the old rules, a longer contract
such as Kovalchuk's 15-year deal that is slated to end when he is 42 years of
age, has a smaller cap hit because the average annual salary is lower.
Kovalchuk's contract and other similar deals that came before will be
grandfathered in under the old rules, while the new rules will apply to any new
contract going forward.
The agreement also effectively ends the NHL's investigation into contracts
like those of Vancouver's Roberto Luongo and Philadelphia's Chris Pronger. The
league began investigating those deals and other contracts last month and
there was speculation that the NHL was planning on voiding the older contracts
if the NHL felt they deliberately circumvented the salary cap.
The NHL was right to give up its campaign against the older contracts in order
to gain greater control over future deals. It never seemed possible that the
league would be able to void a player like Luongo's deal and make him a free
agent. The Canucks goaltender is an icon in Vancouver and it simply would have
been wrong to strip the city of a beloved player simply due to a legal
argument. The league has a right to void contracts, but doing so retroactively
would have become an extremely messy situation.
Getting back to the free agent contract at hand, we can finally talk about the
impact Kovalchuk will have on the ice for the Devils this season. He began his
New Jersey career last February when he was traded from Atlanta to the Garden
State, but received mixed reviews during his first few months with the Devils.
Of course, the contract will have an immediate impact on New Jersey financially
because the Devils will be forced to shed about $3 million from their overall
team salary by the end of training camp in order to get under $59.4 million.
The cap situation will be even trickier to deal with considering the Devils
will have to make the necessary cuts while still adding two players to their
NHL roster.
Kovalchuk is the type of rare scoring talent worth shaking up your roster for,
but the big question is can the 27-year-old make the jump from goal-scorer to
a proven winner. He has 338 goals in 621 career games and 10 of those came in
27 games with the Devils at the end of the 2009-10 regular season.
However, Kovalchuk's lack of playoff success has been widely discussed and
some folks think a guy who has been on the winning side just once in nine
career postseason contests is not worthy of taking up $6.6 million of space on
the salary cap every year.
While I can see how Kovalchuk's postseason disappointments are an issue, it
all seems to be blown out of proportion. Like his countryman Alex Ovechkin of
the Washington Capitals, Kovalchuk has been pegged as a highly-skilled
offensive player who wilts under the pressure of the postseason. That
categorization is unfair in both cases because it commits the cardinal sin of
boiling down a team's successes to a single player. Certainly, guys like
Ovechkin and Kovalchuk deserve more blame than their teammates when the club
bows out early in the postseason, but neither player is a general manager and
they can only control so much of what happens on the ice.
After all, Kovalchuk had six points (2 goals, four assists) in five games
during a first-round playoff loss against Philadelphia last spring. A closer
look at the series would tell you that he probably played a little worse than
those statistics suggest, but he obviously wasn't unproductive or in any way a
hindrance to his team beating the Flyers.
It will also be interesting to see if Kovalchuk's status as the Devils'
resident superstar can take some pressure off fellow Jersey left winger Zach
Parise. The 26-year-old Minnesotan notched 45 goals and 94 points in 2008-09
and followed up with a solid 38-goal, 82-point campaign last season, Having a
top-flight scoring threat on each of their top-two lines for an entire season
will almost certainly make the Devils more consistent on offense than they
have been in recent years.
In fact, part of the reason Devils general manager Lou Lamoriello wanted
Kovalchuk so badly is that the legendary GM is looking towards a near future
without goaltender Martin Brodeur, who at 38 years of age is winding down a
Hall-of-Fame career. With Brodeur as the centerpiece for the last two decades,
Lamoriello and the Devils were able to claim three Stanley Cup titles by
playing an effective, if not exciting, brand of defensive hockey.
However, with Brodeur nearing 40 years of age, the Devils are preparing for
the departure of their franchise netminder. It's possible that Brodeur still
has a few good years left, after all he went 45-25-6 with a 2.24 goals-against
average last, but it's clear he is closer to the end of his career than the
beginning.
Also, the hiring of head coach John MacLean, who is expected to bring a more
offensive style of play to the Devils, is a clear departure from Lamoriello's
strategy to bring Jacques Lemaire back into the fold as the club's head coach
last season. Lemaire is regarded one of the best defensive minds of his
generation, but his second tour of duty with the Devils fell flat.
If MacLean can get the Devils to become an offense-first kind of club, it will
be with Kovalchuk and Parise leading the way. Perhaps, MacLean's hiring was
even part of Lamoriello's master plan to lure Kovalchuk into making Newark his
permanent hockey home.
It's unlikely that Lou and the Devils will completely abandon their neutral-
zone trapping ways, but it's obvious that the makeup of New Jersey hockey is
being tweaked.
Brodeur is not gone yet, but for better or worse, Kovalchuk is now the new
face of the Devils.
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FOOTBALL BETTING : Crabtree's base deal: six years, $32 million
Football Betting
In the wake of the news that the 49ers have signed receiver Michael Crabtree after an extended holdout, there has been not a hint of the dollars to be paid to Crabtree.
And since this means that his agent hasn't leaked the numbers, it means that his agent feels no specific motivation to do so.
Possibly because his agent isn't all that thrilled to have his name on the deal.
So the numbers will come from sources other than Crabtree's agent. And we've gotten our mitts into them.
Per a league source, Crabtree has signed a six-year, $32 million contract. (The total includes guaranteed money, base salaries, and the one-time incentive based on achieving minimum playing time.)
The deal also includes $17 million in guaranteed money.
As reported elsewhere, the deal can void to five years based on performance triggers, wiping out a final year base salary of $4 million. But they won't be easily reached.
The source tells us that, in his first four seasons (including 2009), Crabtree must either qualify for two Pro Bowls, or he must qualify for one Pro Bowl in one year and he must participate in 80 percent of the offensive snaps in a separate year in which the team makes the playoffs.
In other words, if in 2010 he qualifies for the Pro Bowl and the team makes the playoffs and he participates in 80 percent of the snaps, he'll still need to make it to the Pro Bowl or achieve the 80-percent/playoffs in another season.
Since the chances of Crabtree making the Pro Bowl or participating in 80 percent of the offensive snaps this year is roughly zero percent, he'll have three years to get it done.
And it won't be easy. Frankly, he'll be hard pressed to make it to one Pro Bowl in three years with the likes of Larry Fitzgerald, Calvin Johnson, Anquan Boldin, Steve Smith, the other Steve Smith, Hakeem Nicks, DeSean Jackson, Johnny Knox, Percy Harvin, Greg Jennings, Roddy White, T.J. Houshmandzadeh in the same conference for sportsbook betting.
So, by all appearances, it's a six-year deal. And at $17 million in guaranteed money, the per-year guarantee is a tepid $2.83 million per year.
There's another problem with the deal -- it has no mid-tier incentive package. Instead, the additional $8 million that Crabtree can earn (pushing the max value to six years, $40 million) requires the kind of unrealistic, mega-star performances that no rookie is likely to ever achieve.
So while the contract paid to Packers defensive tackle B.J. Raji covers five years and pays $22.5 million, he has the ability (if he's a solid player) to make up the difference between his base deal and Crabtree's five-year, $28 million haul via the mid-tier incentive package in Raji's deal.
And unless Crabtree meets the performance thresholds necessary to void the sixth year, he'll be stuck under contract for another year at a base salary of only $4 million.
There's one other area of concern with the deal. Crabtree, per the source, received no option bonus. Instead, he has significant money tied to a fairly new device known as a "discretionary salary advance," which unlike an opition bonus is subject to forfeiture if Crabtree decides in a year or two that he wants to hold out for a better deal. (We're also told that the 49ers have included language that would make certain escalators subject to forfeiture, too.)
Meanwhile, the deal falls well short of the mark for which Crabtree and agent Eugene Parker were aiming -- the five-year, $38.25 million contract paid by the Raiders to receiver Darrius Heyward-Bey, the seventh overall pick in the draft.
Even if Crabtree successfully voids the final year, he'll make more than $2 million per year less on average than Heyward-Bey.
Thus, as we explained earlier in the day, this is a deal that Crabtree could have done in July, which would have given him a much better chance of making a contribution to the 49ers during his rookie year.
So while the final outcome can be described as win-win, the broader view suggests that it's really a lose-lose situation.
NFL Betting Lines
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.
Super Bowl XLIV Odds
Super Bowl XLIII isn't even a week old yet and oddsmakers have already released Super Bowl XLIV odds.
Despite the Pittsburgh Steelers winning Super Bowl 43, the New England Patriots are 8/1 favorites to win Super Bowl 44.
Bet Super Bowl XLIV Future Odds
With their 27-23 victory over the Arizona Cardinals in Super Bowl XLIII, the Steelers became the latest NFL champion. But believe it or not, oddsmakers from online sports book MySportsbook.com don't have the Steelers the favorites to win Super Bowl XLIV next season.
That honor belongs to the New England Patriots, who are 8/1 favorites to win despite not even qualify for the postseason in 2008. The Pats also have a major decision to make regarding what to do with Matt Cassel, who played well in Tom Brady's (knee surgery) absence last year but is also a free agent this offseason.
Ironically, the Steelers aren't even oddsmakers second choice to win Super Bowl 44, as the Dallas Cowboys are listed right behind the Patriots at 9/1 despite not making the playoffs themselves. Clearly oddsmakers think the public will hop back on the Cowboys' bandwagon considering the immense talent they have and the opening of a brand new stadium.
After Dallas, then comes Pittsburgh at 10/1, but they share those odds with the New York Giants, who won Super Bowl XLII. The Indianapolis Colts and San Diego Chargers round out the top six teams at 12/1, while the Baltimore Ravens (14/1), Tennessee Titans (16/1), Carolina Panthers (18/1) and Philadelphia Eagles (18/1) complete the top 10.
The NFC Champion Arizona Cardinals got no love from oddsmakers as they were established as a 30/1 long shot to win next year's Super Bowl. They share those same odds with the Chicago Bears and Tampa Bay Buccaneers – two teams that didn't even qualify for the postseason. Other long shots are the Kansas City Chiefs (100/1), Detroit Lions (100/1), St. Louis Rams (75/1) and Oakland Raiders (75/1).
To see a complete list of all the team's odds to win Super Bowl XLIV, check below.
NFL TEAM FUTURE ODDS TO WIN SUPER BOWL XLIV
New England Patriots 8/1
Dallas Cowboys 9/1
New York Giants 10/1
Pittsburgh Steelers 10/1
Indianapolis Colts 12/1
San Diego Chargers 12/1
Baltimore Ravens 14/1
Tennessee Titans 16/1
Carolina Panthers 18/1
Philadelphia Eagles 18/1
New Orleans Saints 20/1
Atlanta Falcons 25/1
Denver Broncos 25/1
Green Bay Packers 25/1
Jacksonville Jaguars 25/1
Minnesota Vikings 25/1
New York Jets 25/1
Arizona Cardinals 30/1
Chicago BearS 30/1
Tampa Bay Buccaneers 30/1
Buffalo Bills 35/1
Houston TexaNS 35/1
Miami Dolphins 35/1
Washington Redskins 35/1
Seattle SeahawkS 50/1
Cleveland Browns 55/1
Cincinnati Bengals 60/1
San Francisco 49ers 60/1
Oakland Raiders 75/1
St. Louis Rams 75/1
Detroit Lions 100/1
Kansas City Chiefs 100/1
Odds as of: 2/2/09
Bet Super Bowl XLIV Future Odds
To visit this online sportsbook go to MySportsbook.com for all your NFL football betting needs.
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