League voids Kovalchuk's deal with Devils

Hockey Betting Lines

07/20/2010 - Toronto, ON (Sportsbook Betting Lines) - The NHL has rejected Ilya Kovalchuk's 17-year, $102 million contract with the New Jersey Devils on grounds that it circumvents the league's salary cap.

The report is according to TSN Canada.

The rejection is 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.

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 was the hottest commodity on this year's free agent market, as he was pursued by the Devils, Kings, Islanders and a Russian club among others. He has turned down reported offers of $70 million over seven years and $100 million over 12 years from the Thrashers, who finally gave up on re-signing the sniper and sent him to New Jersey in a package that netted Atlanta defenseman Johnny Oduya, right wing Niclas Bergfors, forward Patrice Cormier and a first-round draft pick.

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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.

Although MySportsbook.com has listed Notre Dame as the 5-1 favorite to win thecollege football College Football betting, fans in Columbus do not need to cancel their tickets to Glendale just yet.  The Ohio State Buckeyes, listed right behind the Irish at 7-1, are also heavy favorites to win college football’s most coveted prize, while West Virginia, USC and the 2007 National Champion Texas Longhorns - all listed at 8-1 – are strong contenders as well.

MySportsbook.com has also posted gambling odds on the conference championships for the ACC, Big 12 and SEC.  In the ACC – it could be anyone’s title, particularly for the two schools from the Sunshine State.  Florida State and Miami, both listed at 2-1, are favored to win the ACC Championship Game odds, with the ‘Noles hoping to finish in the nation’s top 10 for the first time in five years, and the ‘Canes looking to avenge their 10-7 loss against FSU in last year’s ACC Championship betting.

Moving west to the Big 12, MySportsbook.com has betting lines listing Texas as 7-5 favorites to repeat as conference champions, even though the Longhorns lost their national championship-winning quarterback Vince Young to the NFL.  In the south, the Auburn Tigers – led by Heisman-hopeful senior running back Kenny Irons – have been given the best odds to win the SEC Championship odds at 5-2.

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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

For complete NCAA football odds please visit Mysportsbook.com.