NHL approves new Kovalchuk contract

Hockey Betting Lines

09/03/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk will finally join the New Jersey Devils after his re-submitted contract was reportedly approved by the National Hockey League.

Additionally, according to TSN of Canada, the league and the NHL Players' Association reached an agreement on an amendment to the rules that govern long-term contracts. A report from The Record in New Jersey states that new guidelines will be implemented regarding how the salary cap hit would be calculated for long-term deals that go beyond the ages of 35 and 40.

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. His second deal is worth a reported $100 million over 15 years, which provides an annual cap hit of $6.66 million.

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.

Because of the league rules on player contracts after the age of 35, it was conceivable that someone could retire before the deal 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.

With the new guidelines in place regarding long-term deals and the CBA negotiations that will occur in the next few years, it is likely that Kovalchuk's contract is the last of its kind. Additionally, according to the report in The Record, similar contracts that have been signed previously will not be affected by the new rules.

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, the Russian star 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.

Bet on NFL Football

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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