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Pacers reach agreement with Indianapolis

Basketball Betting Lines

07/12/2010 - Indianapolis, IN (Sportsbook Betting Lines) - The Indiana Pacers and the city of Indianapolis have reportedly reached an agreement that will keep the team in Conseco Fieldhouse for at least three more seasons.

According to the Indianapolis Star, the city will contribute $10 million annually over the next three years in costs to help the Pacers run the operations of Conseco Fieldhouse and will pay at least $3.5 million for improvements to the building.

The Pacers, in turn, must remain in the city through the 2012-13 season or repay the entire $30 million. The contract with the city and the arena expires in 2019. If the team leaves after the initial three-year period and before 2019, it would also be responsible for paying back the city a portion of the $30 million, plus the estimated $20 million in termination fees called for in the contract.

Pacers owner Herb Simon purchased the team with his late brother, Melvin, in 1983.

The Star said Simon wants a long-term agreement with the city, despite the fact that the team loses an estimated $30 million per year.

Indiana was just 32-50 last season and missed the playoffs for a fourth straight year.


<< NL Rookie Pitcher Gets All-Star Snub
New York, NY (Sportsbook Betting Lines) - For those of you still wrapped up in Strasburg- mania, I have to regretfully inform you that he's not the pitcher referred to in the above headline. As impressive as the Nationals' rookie has been, and as much as

<< Mural of LeBron James removed in Cleveland
CLEVELAND (AP) -LeBron James has left the building.Workers have removed a gigantic Nike banner featuring James, a sign that hung on the side of a downtown building for years and served as a background for the Cleveland Cavaliers' success during the

<< Woods to play with Rose in first two rounds of British Open
St. Andrews, Scotland (Sportsbook Betting Lines) - Tiger Woods and Justin Rose, the world's top-ranked player and one of the hottest players in golf, respectively, will be paired together for the first two rounds of the 2010 British

<< Report: Suns close to acquiring Turkoglu, Childress
Phoenix, AZ (Sportsbook Betting Lines) - The Phoenix Suns are reportedly close to replacing Amare Stoudemire with a combination of Hedo Turkoglu and Josh Childress, according to The Arizona Republic. The report states that the Suns wo

<< Ferreira equalizer forces Seattle to share points with Dallas
Seattle, WA (Sportsbook Betting Lines) - FC Dallas got a late goal from Colombian midfielder David Ferreira to earn a 1-1 draw vs. the Seattle Sounders FC in Major League Soccer action in front of over 36,000 fans at Qwest Field on Sunday

139th British Open Championship Preview >>
Philadelphia, PA (Sportsbook Betting Lines) - Golf's most historic championship heads to its most historic venue for the 139th playing of the British Open Championship. The championship is celebrating its 150th anniversary -- it was no

American League mid-term grades >>
Philadelphia, PA (Sportsbook Betting Lines) - There have been plenty of storylines to keep us busy during the first half of the American League schedule, and a number of surprising ones at that. From the travels of Cliff Lee to the exploits of Robinso

National League mid-term grades >>
Philadelphia, PA (Sportsbook Betting Lines) - In the National League, those preseason predictions are little more than a distant memory. A pair of surprising teams have emerged -- the Cincinnati Reds and San Diego Padres -- at the top of the class, while

Blackhawks re-sign assistant coach Haviland; add Kitchen to staff >>
Chicago, IL (Sportsbook Betting Lines) - The Blackhawks on Monday re-signed assistant coach Mike Haviland and named Mike Kitchen an assistant coach. "Adding Mike Kitchen and bringing back Mike Haviland bolster what is already a tremendous coaching

Seven finalists return to Walter Payton Award Watch List >>
Philadelphia, PA (Sportsbook Betting Lines) - The race for the 2010 Walter Payton Award, sponsored by Fathead.com, kicked off Monday with The Sportsbook Betting Lines's announcement that seven finalists from last season are part of a stellar 20- player Watch List

2007 NFL Football Betting Preview


“You play to win the game!”

Those are the words of notoriously intense head coach Herman Edwards. Unfortunately, from a bettors’ perspective, most coaches don’t feel that way about the NFL preseason. August is a time to evaluate young players, finalize the depth chart and pray your star players stay healthy.

The trick to making money during the exhibition schedule is identifying coaches – like Edwards – who can’t stand losing even when there's nothing on the line.

The New York Jets betting won 15 of 21 preseason games and went 14-7 against the spread (ATS) during Edwards’s five-year tenure with the club. In his first season as the Kansas City Chiefs field boss, the team improved from 0-4 to 2-2.

Identifying win-a-holics like Edwards is a good start if you plan betting the preseason – even though most say you shouldn’t ... but what the hell do they know anyway?

Here’s a brief rundown of two teams that have a habit of winning during the second-stringers’ season, and another club that has a good chance of exceeding this year.

New York Giants betting lines

Playing in the media hub of North America can be stressful but the press can’t write anything negative about the way Tom Coughlin’s boys play in the preseason. The Giants won and covered all four games last summer, improving their record to 7-1 both straight up (SU) and against the spread over the last two years.

Coughlin has shown he’s not afraid to give his starters more time in the second preseason game than most of his colleagues, no doubt one of the reasons his team has been so dominant.

Dallas Cowboys betting lines

Bettors can count on America’s team early on. The Cowboys are 14-6 both SU and ATS since 2002 in warm-up contests. Former coach Bill Parcells, the coach of the team the last four years, has an intimidating, in-your-face presence – surely a reason Dallas has had so much early success.

The Big Tuna won’t be strolling the sidelines with looks of disgust, but new coach Wade Phillips will be anxious to make a good first impression for owner Jerry Jones.

Dallas plays the Indianapolis Colts and the Denver Broncos before things get serious. They then face the Houston Texans in their third contest (the game starters see most game time) and finish off with the Minnesota Vikings.

Expect a Dallas team able to walk away with another 3-1 preseason record.

Oakland Raiders betting lines

This team scored a league-worst 12 offensive touchdowns last season, so the rookies and veterans each have something to prove. There’s a bounty of first-unit jobs up for grabs and plenty of bodies competing for those slots.

First-time head coach Lane Kiffin will be eager to impress an owner who employs the philosophy, “Just win, baby!”

The 32-year-old Kiffin has to command respect from a locker room full of players older than him. All of these factors should lead to purpose in preseason. 

Don’t forget: before playing like a team that belonged in NFL Europe, Oakland went 4-1 (both SU and ATS) in exhibition games.

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