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09/01/2010 - Newark, NJ (Sportsbook Betting Lines) - New Jersey Devils general manager Lou Lamoriello issued a statement on Wednesday, addressing the National Hockey League's decision to extend the deadline on accepting a new contract for free- agent forward Ilya Kovalchuk to this coming Friday.
The Devils submitted a new contract concerning Kovalchuk to the league last Friday.
"We have today been advised that the NHL and NHLPA have agreed to extend until Friday the decision on whether to approve or reject the latest contract between Ilya Kovalchuk and the New Jersey Devils.
"We remain confident that the terms of this contract comply, in every respect, with the CBA (Collective Bargaining Agreement) and meet both the NHL's concerns and the principles of arbitrator Bloch's decision. We remain optimistic that this extension will result in an approval of the contract and that Ilya Kovalchuk will remain a valuable member of the Devils for the balance of his career."
The Bergen Record reported last Friday that NHL deputy commissioner Bill Daly confirmed the league was reviewing the contract and had 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.
<< Celtics bring back Delonte West
Boston, MA (Sportsbook Betting Lines) - The Boston Celtics have signed free agent guard
Delonte West.
Terms of the deal were not released, but the Boston Herald reports it is a
non-guaranteed contract for the upcoming season.
West was an origi
<< Suddenly surging Astros sweep catatonic Cards
Houston, TX (Sportsbook Betting Lines) - Hunter Pence hit a three-run homer as part of a
four-run fifth inning, as the Houston Astros completed a three-game sweep of
the St. Louis Cardinals with a 5-2 win at Minute Maid Park.
Michael Bourn added a
<< Big South announces four-year extension with Stony Brook
Charlotte, NC (Sportsbook Betting Lines) - The Big South Conference announced on
Wednesday a four-year extension of a football agreement with associate
football member Stony Brook.
"Stony Brook has been an outstanding football mem
<< 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
Venus reaches third round at U.S. Open >>
Flushing Meadows, NY (Sportsbook Betting Lines) - Two-time champion Venus Williams was
among Wednesday's second-round winners at the U.S. Open.
The third-seeded former world No. 1 Williams got past Rebecca Marino 7-6
(7-3), 6-3 at Ashe Stadium. The po
Padres bring up three from minors >>
Phoenix, AZ (Sportsbook Betting Lines) - The San Diego Padres made a bevy of roster
moves on Wednesday.
The club selected the contracts of left-hander Cory Luebke and catcher Chris
Stewart and recalled right-hander Ryan Webb from Triple-A Portl
Fukudome helps Cubs down Pirates >>
Chicago, IL (Sportsbook Betting Lines) - Kosuke Fukudome finished 3-for-3 with a pair of
doubles, two runs scored and an RBI as the Chicago Cubs set aside Pittsburgh,
5-3, in the finale of a three-game set from Wrigley Field.
Tyler Colvin, Micah Hoff
Rockies reinstate P Buchholz from DL >>
San Francisco, CA (Sportsbook Betting Lines) - The Colorado Rockies have reinstated
reliever Taylor Buchholz from the 15-day disabled list.
The right-hander was placed on the DL on August 17, retroactive to August 14,
with lower back stiffness.
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The 2008 Kentucky Derby has announced a $1-million bonus for this weekend’s 134th ‘Run for the Roses’ and MySportsbook.com is doing the same.
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According to MySportsbook.com, the favorites for Saturday’s Kentucky Derby at Churchill Downs in Louisville, Kentucky are: Curlin (+250); Street Sense (+500); Scat Daddy (+700); Circular Quay (+750); and Nobiz Like Shobiz (+800).
Derby organizers announced this week that there will be a $1-million bonus at the 2007 Kentucky Derby odds if the first-place horse wins by more than 6 1/2 lengths – the margin of Barbaro's victory last year. The bonus would be divided Saturday among the winning trainer, jockey, owner and a charity, with each receiving 25 percent. The designated charity is the Barbaro Memorial Fund.
''It's certainly creative, it's certainly fun and it has something for the horsemen, which we always want to embrace,'' Churchill Downs president and chief executive Robert Evans said at a news conference. ''What's really cool is it will force us to remember Barbaro.''
Meanwhile, the Derby favorite – Curlin – is going against the odds this year. It's been 125 years since Apollo won after skipping his 2-year-old season, and not since Regret in 1915 has such a lightly seasoned horse worn the blanket of red roses.
Arkansas Derby winner Curlin – unbeaten in three career races – tries to overcome both those obstacles in Saturday's 133rd Derby.
''We're not running against history,'' trainer Steve Asmussen said Monday. ''We're running against who they load up.''
Six other horses have run in the Derby without benefit of 2-year-old races and with three or fewer starts. The best any of them managed was a sixth-place finish by Showing Up last year.
Asmussen dismissed suggestions that Curlin's lack of racing experience could keep him from the winner's circle.
”He exudes confidence and he's got a great presence about him,'' the trainer said. ''I feel great about the position we're in. He's not worried about anything, why should you be?''
The Kentucky Derby is at 4:04 p.m., ET Saturday.
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