NHLPA files grievance on behalf of Kovalchuk

Hockey Betting Lines

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.

Oddsmsker Hockey Betting News

<< Lightning name Tod Leiweke CEO
Tampa, FL (Sportsbook Betting Lines) - Tampa Bay Lightning chairman and governor Jeff Vinik announced Monday that Tod Leiweke has been named the team's chief executive officer. Officially, Leiweke becomes the CEO of Tampa Bay Sports and Ent

<< 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

Vick cleared to play by NFL >>
Philadelphia, PA (Sportsbook Betting Lines) - Michael Vick is clear to play this season, the NFL announced Monday. Posting on his Twitter account, league spokesman Greg Aiello said in regard to Vick, "there has been no change in his playing status. Be

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

NFL Football Office Pool Printable Schedules
MySportsbook.com , leading online sportsbook, offers free NFL football office pool printable sheets! Run your own NFL Football Office Pool. Create your own pool, invite your friends to join. Compete with your with co-workers, friends or family for bragging rights every week. Exchange some hard hits without risk of injury -- Trash Talk with your fellow co-workers.
To visit this online sportsbook got to MySportsbook.com for all your football sportsbook needs.

Online Sportsbook Football Betting

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.

MySportsbook is considered one of the finest football sportsbooks according to several surveys performed by independent industry analysts considering such factors as payout accuracy and timeliness, overall quality of website, and bettor satisfaction.

MySportsbook is a large company with strong financial backing. Considered the best sportsbook for betting football online You will find their customer service is second to none and their web site is extremely user friendly and easy-to-use. All major professional sports games are available. Once you signup with MySportsbook, you may never use another online sportsbook again.

To visit this online sportsbook got to MySportsbook.com for all your football gambling needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.