Kovalchuk pact approved; NHL-NHLPA adopt rules for long-term deals

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09/04/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk will finally join the New Jersey Devils after his re-submitted contract was officially and finally approved by the National Hockey League just before 3 a.m. (et) Saturday morning.

The re-worked contract now calls for Kovalchuk to collect a reported $100 million over 15 years, with an annual cap hit of close to $6.66 million. The deal is thought to pay out $90 million in the first 10 years and $10 million over the last five.

Kovalchuk's initial 17-year, $102 million deal with the Devils was rejected by the league on the grounds that it circumvented the league's salary cap. The deal was front-loaded so Kovalchuk could have earned as much money as possible while providing the lowest possible cap hit for the team.

The NHL Players' Association filed a grievance on Kovalchuk's behalf, but an arbitrator ruled in favor of the league. The Russian star, now 27, would be approaching age 43 when the contract expires.

The rejection of the contract provided much debate throughout the league in terms of "lifetime" contracts given to players that have helped reduce the yearly salary cap hit. Several players in previous years signed deals that took them past 40 years of age and saw the annual salary dip below $1 million in the final years of the contract.

The NHL and NHLPA together, did away with those scenarios in one fell swoop Friday, jointly adopting new regulations on such pacts while simultaneoulsy ruling on Kovalchuk's situation after a whirlwind of postponements on a ruling that stretched well into the night.

The new rules will apply only to long-term contracts, five years or longer in length, and only those going forward beyond the September 4 ruling date. All previous contracts are grandfathered in, meaning Kovalchuk's contract will likely be the last of its kind.

To that end, the two entities also announced that the league will terminate its circumvention investigations into the contracts signed in 2009 by Marian Hossa of the Chicago Blackhawks, Roberto Luongo of the Vancouver Canucks, Marc Savard of the Boston Bruins and Chris Pronger of the Philadelphia Flyers.

"We are pleased to finalize an agreement which ends the league's circumvention investigations and also establishes rules on long-term contracts that will provide players, their certified agents and general managers clarity for the negotiation of new contracts," said Roland Lee, associate counsel for the NHLPA and director of Salary Cap/Marketplace. "Turning the page on this process is something that will benefit all parties involved."

Taking into account the NHL's salary cap system and forthcoming CBA negotiations, a special calculation of value will be made in two ways for contracts that extend beyond a player's 41st birthday, and any long-term contract that averages more than $5.75 million for the three highest- compensation years will have rules put into place that limit that player's compensation to a minimum of $1 million between the ages of 36 and 40.

Because of the league's previous rules on player contracts after the age of 35, it was conceivable that someone could retire before a contract had expired, wiping the contract off the salary cap. This rule allowed teams to sign players to front-loaded contracts to benefit both the team and player.

"We're pleased to be able to establish clearly-defined rules for these types of contracts going forward and just as happy we can turn the page on uncertainties relating to several other existing contracts," NHL Deputy Commissioner Bill Daly said. "From start to finish of this multi-week process we were able to work closely and cooperatively with representatives of the Players' Association, who shared our belief that the creation of definitive rules and guidelines in this area would be beneficial to everyone -- clubs and players alike."

Kovalchuk's deal will reportedly take the team about $3 million over the salary cap with 21 players under contract, and the Devils will have to get under the $59.4 million cap before the beginning of the season while adding two more players to the roster.

Kovalchuk posted 41 goals and 85 points in 76 games last season, 10 goals and 27 points coming in 27 games with New Jersey. In a five-game first-round playoff loss, the 27-year-old added two goals and six points.

In 621 games since entering the league in 2001, he has accumulated 338 goals and 642 points with Atlanta and New Jersey.

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Football Betting: Defensive Rookie of the Year Awards

Oddsmakers have released the odds for the 2009 AP NFL Defensive Rookie of the Year Award and Seattle Seahawks linebacker Aaron Curry has been made the opening favorite.

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Seattle took Curry with the fourth overall pick in April's NFL draft and plan on inserting him into its starting lineup right away. The Hawks traded linebacker Julian Peterson in the offseason, so Curry is expected to have a significant role in Seattle's defense next year and that's one of the primary reasons he is the favorite to win the NFL ROY Award.

Oddsmakers from online sportsbook MySportsbook.com have made Curry a 5/1 favorite to win this year's NFL Defensive Rookie of the Year Award. Given that he was the best defensive prospect in this year's draft and how he'll have plenty of opportunities to make plays in '09, Curry offers a ton of value at 5/1.

Another thing working for Curry is the position he plays. A linebacker has won the defensive ROY award six straight times and eight of the last nine years. Jerod Mayo, Patrick Willis, DeMeco Ryans, Shawne Merriman, Jonathan Vilma, Terrell Suggs, Kendrell Bell and Brian Urlacher were the most recent linebackers to take home the award.

Following Curry at 5/1 are Tyson Jackson (Chiefs) at 7/1, James Laurinaitas (Rams) at 8/1, Brian Orakpo (Redskins) at 10/1, Rey Maualuga (Bengals) at 10/1 and Jerry Peria (Falcons) at 10/1.

All the players mentioned above are expected to start for their respective teams, but Jackson and Peria are going to have a tough time being recognized on a national level given they're both defensive linemen. D-linemen rarely put up the numbers that it takes to win an individual award like the ROY.

A couple of players with some value are Clay Matthews (Packers) at 12/1 and Larry English (Chargers) at 15/1. Matthews is expected to start at outside linebacker in Green Bay's new 3-4 defense and could rack up a ton of tackles. English, who was an impressive player at Northern Illinois, is expected to be a situational pass rusher for the Chargers and could rack up a ton of sacks.

For complete odds on the 2009 AP NFL Defensive Rookie of the Year Award, see below. And for complete odds for the 2009 AP NFL Offensive Rookie of the Year Award, click the link provided.

2009 AP NFL Defensive Rookie of the Year Award

Robert Ayers (DEN) 12/1

Ron Brace (NE) 25/1

Everette Brown (CAR) 16/1

Darius Butler (NE) 40/1

Patrick Chung (NE) 30/1

Aaron Curry (SEA) 5/1

Brian Cushing (HOU) 12/1

Vontae Davis (MIA) 30/1

Louis Delmas (DET) 30/1

Larry English (SD) 15/1

Evander Hood (PIT) 25/1

Tyson Jackson (KC) 7/1

Malcolm Jenkins (NO) 25/1

Paul Kruger (BAL) 50/1

James Laurinaitas (STL) 8/1

Sen'Derrick Marks (TEN) 20/1

Clay Matthews (GB) 12/1

Aaron Maybin (BUF) 15/1

Rey Maualuga (CIN) 10/1

Roy Miller (TB) 20/1

Michael Mitchell (OAK) 45/1

Fili Moala (IND) 30/1

Brian Orakpo (WAS) 10/1

Jerry Peria (ATL) 10/1

B J Raji (GB) 7/1

Clint Sintim (NYG) 35/1

Alphonso Smith (DEN) 40/1

David Verkune (CLE) 20/1

Jason Williams (DAL) 30/1

Field (Any Other Player) 6/1

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FOOTBALL BETTING

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After all the trouble that’s ensued since Braylon Edwards allegedly punched one of LeBron James’ homeboys in the face at a club, the Cleveland Browns have sent away their last remaining player of worth to the New York Jets. This is a great move for Dirty Sanchez and all, but it’s even better for the Knicks. Now Donnie Walsh can say, “You get to haunt Braylon Edwards with your posse if you sign here!” next summer.

Putting that aside for a moment, the move is a clear indication that the new-look Jets are gunning for the Super Bowl this year. I don’t think that New York thought that Dirty Sanchez was going to be such a rock star. With a 75.2 passer rating that was killed against the Jets, Sanchez is doing an admirable job of managing games and putting the Jets in a position to win. The defense has been the major story in New York thus far, but the acquisition of Braylon Edwards makes this offense loaded with talent that can dent any defense…as long as Dirty Sanchez continues his meteoric rise.

Thus far, Edwards has been a non-factor in the NFL piling up just 139 receiving yards on 10 catches. He has yet to find the endzone, and with the Browns mired in the most unsexy quarterback controversy of all time (Anderson vs. Quinn...yawn), there going nowhere fast. Edwards is two seasons removed from a career year which saw him catch 80 passes for 1,289 yards and 16 touchdowns when the Browns were the spread killing monsters of 2007. In 2008, injuries slowed the receiver down to just 873 yards and three touchdowns though he played in all 16 games.

So that being said, we really don’t know if Braylon Edwards is just a flash in the pan, or a legit threat. At 6-foot-3 and 215 pounds, he is a prototypical receiver. But he’s also shown a strange, and unwarranted, talent for dropping passes. Lining up opposite Jericho Cotchery, a speed demon with 23 catches, 356 yards and a single touchdown, may give Braylon the open looks he needs. A change of scenery may also rejuvenate the star receiver.

In return, the Browns will receive Chansi Stuckey, online football betting a special teams player you’ve never heard of and a pair of draft picks. That’s a tall order for a guy whose only real value right now is in his name, and it shows no promise to the Browns that they can rebuild around those acquisitions. Braylon was the only reason to hope for the Browns to go 3-14 SU this year. Without him, they don’t have a single guy on offense that can scare any team.

For the Jets, it’s a response to the pounding that they took at the hand of the Saints. Thomas Jones and Leon Washington have averaged around 4.0 yards per carry each on the ground, but striking a fair balance between the passing and rushing attacks in New York has been a struggle. You have to believe that the trio of Dustin Keller, Jericho Cotchery and Braylon Edwards will give Sanchez the weapons he needs to unleash through the air. Theoretically, that would open up holes for the rushing game. But the proposed public option health care plan works in theory too. We need to see the proof in the pudding before we start loading up mega bucks on the New York Jets to take the AFC.

The one wrinkle in this whole thing is that Braylon could very well be suspended by the league for disciplinary action due to his “brawl” with LeBron’s friend. If that’s the case, the Jets may have to bench him for a few games leaving them with a somewhat depleted receiving corps for a few games. Also, this is a guy who gets in fights with people at clubs. New York may not be the best place for him. Just sayin’.

The Jets have a long week before they meet the Miami Dolphins on Monday Night Football Betting in a virtual pick ‘em game. Braylon’s excess baggage may be a distraction, and his curiously low production may be what we should be expecting of him overall, but for the Jets, taking a chance to strike gold is well worth it. At the end of the year, they can simply just blame it on their rookie quarterback.

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