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07/26/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk's free agency saga took another turn on Monday when the NHL Players' Association filed a grievance on behalf of the Russian superstar who had his 17-year, $102 million contract with New Jersey rejected by the league.
"The NHLPA has filed a grievance disputing the NHL's rejection of the standard player contract between the New Jersey Devils and Ilya Kovalchuk," the NHLPA said in a statement. "Under the terms of the CBA, the NHLPA and Mr. Kovalchuk are entitled to an expedited resolution of this matter. The NHLPA will have no further comment until this matter has been resolved by an arbitrator."
The NHL rejected the record deal last week on grounds that it circumvented the league's salary cap. The rejection was 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.
The next step in the process is to find an arbitrator to rule on the case. Once selected, that individual will have 48 hours to decide on an outcome. Kovalchuk will either have his contract with New Jersey upheld or he will once again become an unrestricted free agent, allowing the 27-year-old left winger to sign with any team, should the arbitrator side with the NHL.
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 registered 41 goals and 44 assists in 76 games split between Atlanta and New Jersey last season.
<< Inter Milan brass taking massive gamble with Balotelli sale
Toronto, Canada (Sportsbook Betting Lines) - With reports surfacing that Inter Milan are
prepared to transfer Mario Balotelli to Manchester City for a fee in the range
of 30 million Euros, the young star's tumultuous time with the club seems to be
at an
<< Gasquet rolls; Robredo exits Gstaad
Gstaad, Switzerland (Sportsbook Betting Lines) - Former top-10 Frenchman Richard Gasquet
reached the second round, while fifth-seeded Spaniard Tommy Robredo came up a
first-round loser Monday at the Swiss Open.
The seventh-seeded Gasquet grounded U
<< This Week in Golf - July 29th through August 1st
Philadelphia, PA (Sportsbook Betting Lines) - WOMEN'S BRITISH OPEN, Royal Birkdale Golf
Club, Southport, England - The women remain in Europe this week for the fourth
and final major of their season, the Women's British Open.
Catriona Matthew was th
<< NHLPA files grievance against NHL over Kovalchuk
TORONTO (AP) -The National Hockey League Players' Association has filed a grievance over the league's rejection of the contract between Ilya Kovalchuk and the New Jersey Devils.The league rejected the landmark 17-year, $102 million contract last wee
Rachel Alexandra gains spot in poll after Monmouth victory >>
New York, NY (Sportsbook Betting Lines) - Reigning Horse of the Year Rachel Alexandra
moved into third in the latest NTRA National Thoroughbred Poll. The four-year-
old filly advanced one position following a win Saturday at Monmouth Park.
Owned b
Hornets GM says Paul did not ask for trade at meeting >>
New Orleans, LA (Sportsbook Betting Lines) - Three-time All-Star point guard Chris Paul
met with Hornets management Monday, and new general manager Dell Demps
reportedly said Paul did not ask to be traded.
According to The Times-Picayune, D
Zakuani claims MLS POW award with brace against Rapids >>
New York, NY (Sportsbook Betting Lines) - Steve Zakuani of Seattle Sounders FC was
voted Major League Soccer Player of the Week for Week 17 of the 2010 MLS
season on Monday.
Zakuani scored both of Seattle's goals in a 2-1 win over the Co
Overdue Fish finally hits his stride >>
Philadelphia, PA (Sportsbook Betting Lines) - Minnesota native Mardy Fish is currently
enjoying the best stretch of his tennis career since joining the pro ranks 10
years ago.
Don't look now, but the 28-year-old American has now won his last two
tour
LaDainian Tomlinson Favorite to be 2007 NFL MVP
With the first NFL preseason game less than two weeks away, it is time to start thinking about football once again at MySportsbook.com. Reigning NFL MVP LaDainian Tomlinson is currently the 5-1 co-favorite to win the award again alongside Super Bowl MVP Peyton Manning.
This shouldn’t be a surprise to anyone after his all out assault on the record books last season. For those suffering from amnesia or were under a rock last football season, all L.T. did last season was set the NFL record for rushing touchdowns (28), total touchdowns (31) and total points scored (186) to go along with his 1815 rushing yards and 508 receiving yards. At 6-1, Tom Brady is next in line which isn’t surprising considering all of the firepower the Pats added over the off-season. With the addition of Randy Moss, Donte Stallworth and Wes Welker; it would be quite difficult for Brady’s numbers not to improve from last years 3529 yards and 24 touchdowns. There appears to be some decent value in Drew Bees at 10-1 considering he probably would have won the award last year if it wasn’t for L.T.’s record breaking season.
There is no reason to think the Saints will come back to earth this season and playing in a weak NFC, they should have as good a shot as any to represent the NFC in the Super Bowl. At 15-1, Donovan McNabb could also be worth a look. Remember, many felt he was the MVP of the first half of the season before going down with a season ending injury. Reportedly, he is in great shape and well ahead of schedule to return to form. Also, he could have some added motivation to put up big numbers this season with the Eagles using their first pick in the draft on McNabb’s future successor Kevin Kolb.
Be sure to log on to MySportsbook.com to check out the complete odds for NFL MVP as well as all of the new football related futures. With the popularity of NFL futures, these betting lines will be sure to change as the money comes in; get the early sports lines now.
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Work left to do: Villanova, Syracuse, DePaul, West Virginia, Providence
Notre Dame and Louisville appear to have done enough to make the move, so we'll make them locks. The Cardinals, despite a modest RPI, are trending way up and have clinched at least a tie for third in the Big East, which should be more than enough with their pair of big road wins. Villanova got back to .500 and gets back to more solid footing. Syracuse got a very important road win and crippled a fellow contender in the process. West Virginia's fate could be in its hands Tuesday at Pitt.
Work left to do:
Villanova [18-9 (7-7), RPI: 21, SOS: 5] Pounded Rutgers to get back to .500. If Cats can get their last two (at UConn, vs. Syracuse), that should be enough with strong computer numbers and a host of wins away from The Pavilion. The Cats have beaten Texas and swept the Big 5 (never easy in Philly), but have a couple of losses to bubble teams (Xavier, Drexel), too. I still think they'll be OK, possibly even at 8-8.
Syracuse [20-8 (9-5), RPI: 53, SOS: 62] History says 10 wins will be plenty, but it might be hard for the Orange to get that last one with a final two vs. G'town, which is trying to win the league title, and at Villanova, which will be desperate for a W. The relative lack of nonconference heft and the weak computer numbers are still concerns, but the Orange have won four in a row and got a very, very big win at Providence on Saturday.
DePaul [16-12 (8-7), RPI: 54, SOS: 18] Beat Cincy and should get past South Florida to get to 9-7, but then what? They have beaten Kansas and Cal (right after the DeVon Hardin injury) earlier this season, but also have lost to Bradley and Purdue, among others. They'll likely need a couple of BE tourney wins, too, but we'll see ...
West Virginia [19-7 (8-6), RPI: 58, SOS: 125] The game at Pitt on Tuesday night could decide the Mountaineers' fate (barring a deep tournament run). They can still get to 9-7 in the Big East without it by beating Cincinnati, but the nine wins would be against UConn, Villanova, St. John's, South Florida, DePaul, Rutgers, Seton Hall twice and the Bearcats. Beating bubble foes is fine, but where's the beef? Outside of beating PG-less UCLA in nonconference play (still a top quality win), there's not a lot to fall back on (besides maybe NC State). WVU vs. Syracuse would be an interesting debate, as the teams don't play in the Big East regular season. WVU has the best win, but Cuse has played the much better schedule.
Providence [17-10 (7-7), RPI: 70, SOS: 33] The Friars likely saw their at-large hopes die at home in the four-point loss to Syracuse, barring an unexpected run to the Big East semis or more. The RPI, bad already, won't be helped by playing St. John's and South Florida in the final two league games.
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