NEW YORK (AP) -The NHL has extended its deadline to Friday for approving Ilya Kovalchuk's $100 million, 15-year contract with the New Jersey Devils.
The league and the NHL Players' Association announced the new deadline Wednesday.
The NHL has already rejected a front-loaded, 17-year deal valued at $102 million because the structure of the deal would have circumvented the league's salary cap. An independent arbitrator upheld that decision.
The Devils and Kovalchuk submitted the new contract to the league last Friday.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
<< Drake to play in Africa in 2011
Des Moines, IA (Sportsbook Betting Lines) - The Drake University football team will play
in the first American football game on the continent of Africa next year.
Drake, a member of the Missouri Valley Football Conference, will play an all-
star team
<< Murray eases into second round at the Open
Flushing Meadows, NY (Sportsbook Betting Lines) - Former runner-up Andy Murray was an
easy opening-round winner Wednesday at a very hot U.S. Open.
The fourth-seeded Murray mauled helpless Slovakian Lukas Lacko 6-3, 6-2, 6-2
in 1 hour, 51 minutes on
<< Quality Road out to make amends in Woodward Stakes
Saratoga Springs, NY (Sportsbook Betting Lines) - Four weeks after coming up a head
short in the Whitney Handicap, Quality Road will once again go postward on
Saturday in the $750,000 Woodward Stakes at Saratoga Race Course.
The colt, traine
<< Marlins call up RHP Sosa
Miami, FL (Sportsbook Betting Lines) - The Florida Marlins selected the contracts of
pitcher Jorge Sosa from Triple-A New Orleans and catcher Chris Hatcher from
Double-A Jacksonville on Wednesday.
This will be Sosa's third stint with the b
<< Baltimore brings up three
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles added three to their
roster on Wednesday, recalling outfielder Nolan Reimold, infielder Brandon
Snyder and selecting the contract of infielder Rob Andino from Triple-A
Norfolk
Tar Heels DE Austin suspended indefinitely >>
Chapel Hill, NC (Sportsbook Betting Lines) - North Carolina senior defensive end Marvin
Austin has been suspended indefinitely.
Tar Heels head coach Butch Davis made the announcement on Wednesday, just days
before the team's season-opener against LSU
Big Ten set to announce realignment >>
Bristol, CT (Sportsbook Betting Lines) - The Big Ten is set to announce its divisional
realignment Wednesday evening and early reports have the controversial split
of longtime rivals Michigan and Ohio State in place.
According to an earlier report
Rangers reinstate Kinsler, Guzman from DL >>
Kansas City, MO (Sportsbook Betting Lines) - The Texas Rangers reinstated second baseman
Ian Kinsler and infielder Cristian Guzman from the 15-day disabled list on
Wednesday.
Kinsler has been sidelined since going on the DL July 29 with a left
BoSox make moves with roster expansion >>
Baltimore, MD (Sportsbook Betting Lines) - The Boston Red Sox made several moves for
the September 1 roster expansion.
The club reinstated infielder Eric Patterson and catcher Jarrod Saltalamacchia
from the 15-day disabled list and recalled pi
Stony Brook extends Big South contract >>
Charlotte, N.C. (Sportsbook Betting Lines) - Ending speculation that Stony Brook's
football program might move to another conference, the Big South Conference
Council of Chief Executive Officers unanimously approved a four-year associate
football members
MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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