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07/20/2010 - Newark, NJ (Sportsbook Betting Lines) - The New Jersey Devils made it official on Tuesday and re-introduced superstar left wing Ilya Kovalchuk, who agreed to a 17-year contract worth a reported $102 million on Monday.
Kovalchuk was acquired by the Devils last February in a trade with Atlanta and tested the free agent waters this summer before deciding to return to New Jersey.
"This was a tough process for me. This was the biggest decision of my life," said Kovalchuk at Tuesday's press conference. "I believe I made the best choice for me and my family."
New Jersey and the Los Angeles Kings were Kovalchuk's two main pursuers since the free agent signing period began July 1.
The Newark Star-Ledger reported terms of the contract, breaking down the pact year-by-year. He's 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 falls off after that until he makes $550,000 annually the final five years of the deal. He would be 44 years old when the contract concludes in 2027.
"I'll only be 44, so I hope I'm going to keep myself in shape to keep playing," Kovalchuk quipped.
Kovalchuk played 27 games last season for the Devils after being acquired from Atlanta and compiled 10 goals and 17 assists to help New Jersey win the Atlantic Division crown. He added two goals and four assists in five playoff games as the Devils were ousted by Philadelphia in the first round.
"There is unfinished business from last season," Kovalchuk added. "That was the biggest reason I wanted to stay here. I know we're going to do much better in the future years than we did last year."
Kovalchuk turned down reported offers of $70 million over seven years and $100 million over 12 years from the Thrashers, who finally gave up on re-signing the sniper and sent him to New Jersey in a package that netted Atlanta defenseman Johnny Oduya, right wing Niclas Bergfors, forward Patrice Cormier and a first-round draft pick.
Selected with the first overall pick of the 2001 draft, Kovalchuk twice reached 52 goals with Atlanta and last season combined to score 41 goals in 76 games. The 27-year-old Russian native has 338 goals and 304 assists for 642 points in 621 regular-season games. He is Atlanta's all-time leader in virtually every offensive category and gives the Devils an offensive player in the prime of his career, something the organization has never really had, but at a price the franchise has never before paid.
"What you have to understand is we just built a tremendous facility here, and [the owners] have made a commitment to winning. This type of a decision is for that reason," Devils CEO Lou Lamoriello said about why the team broke from its usual frugal direction.
"We have a player that will complement the players we have, that [in turn] will complement him. The logo in front will always be more important than the name on the back. The thing I feel the best about is there's nothing more important than the team. I spoke with Ilya about that when he first came here."
Kovalchuk also said as much Tuesday, also acknowledging teammates Martin Brodeur, Jamie Langenbrunner, Zach Parise and Patrik Elias, who were in attendance.
"We have an unbelievable group of guys, I can't name all of them," Kovalchuk noted, adding that the franchise's winning past also played a role in his decision. "The history, first of all, then -- when I first came here -- I saw the way the organization treats its players. I'll be a Devil for life. They're a first-class organization."
It's been a busy offseason for the Devils, as the club named John MacLean its new head coach and signed defensemen Henrik Tallinder and Anton Volchenkov. New Jersey also re-acquired center Jason Arnott, who scored a double-overtime goal in the clinching Game 6 of the 2000 Stanley Cup Finals against Dallas, in a trade with Nashville.
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Rule No. 1 in the gamblers' handbook states, "Avoid sports betting on meaningless games."
When you're drowning in a sea of baseball monotony, however, things change. Even a hint of pro football betting can persuade the most disciplined bettor to break a few rules.
The NFL preseason is around the corner, with a tempting Hall of Fame match kicking off on Sunday. But bettors must stay vigilant. Wagering on NFL exhibition games is an entirely different beast than the regular season. Most fans don't recognize the players on the field because starters get as much action in August as Warcraft fans get on Prom night.
The only certainty about the NFL this time of year is uncertainty – and yet there are some who say betting in August can be a gold mine.
“I actually feel the NFL preseason presents solid profit opportunities for sharp bettors and handicappers,” Sports Expert Steve Merril explains. “My experience has been that the sportsbooks fear the preseason, which is evident by lower limits and massive moves.”
The line moves are attributed to the limited knowledge available regarding playing-time distribution. One team’s top unit out on the field for one more series has an impact on the pointspread. Setting lines in the preseason often is a shot in the dark.
“We base the betting lines mostly on public perception,” Pete Korner, founder of the Sports Club in Las Vegas, says. “It’s very tough to predict, almost a guessing game.”
The preseason is all about figuring out who’s in and for how long.
“It becomes a race between bettors and oddsmakers to find out how long the quarterbacks are going to stay in,” Korner admits. “If a sharp gets the information first, he could exploit an early line. I’m a full believer in moving the line in the preseason if the books find out something late in the week.”
Determining what each team’s motive is can help bettors handicap. To do this you must pay close attention to the philosophies head coaches employ in exhibition play.
“You need to know what a coach is trying to accomplish,” says Covers Expert Bryan Leonard. “Sometimes a new coach will want to instill a winning attitude. Others just want to make sure their starters don’t get hurt."
So how do you distinguish who’s playing scared and who’s playing for keeps?
“Head coaches on the hot seat or new coaches trying to implement a winning attitude usually try harder to win in the preseason,” Merril says.
Cleveland Browns head coach Romeo Crennel fits this criteria. He’s entering his third season as the sideline boss and has yet to lead the Browns to more than six wins.
Cleveland is an enticing bet as well because of the unresolved quarterback situation. General manager Phil Savage sacrificed the Browns’ first-round pick in next year’s draft for Brady Quinn, but the former Notre Dame quarterback hasn’t signed or reported to training camp yet.
Charlie Frye and Derek Anderson split time at QB last season and it looks like either player (or even Quinn) could be the opening-day starter.
“If a team has quarterback depth and the pecking order hasn’t been decided, it’s a big advantage,” Leonard says.
Even in the third week of the preseason when starters generally play the most, the final outcome of the game is in the hands of fringe players. A team's talent, all the way down to the last man on the roster, is something to consider.
The New England Patriots have long been considered one of the deeper teams in the NFL and coach Bill Belichick has said in the past he’s unafraid of stars getting hurt in games with nothing on the line. He shocked his colleagues in 2003 by playing some of his starters on special teams in the preseason.
“We want to have the team ready to play a tough, physical game and preparation has to go into that and I imagine a certain amount of injuries go with it,” Belichick told the Providence Journal in August 2003.
Bettors can only hope to find more teams that share the Pats' business-like approach to the preseason (New England is 17-9-3 against the spread since 2000) and take advantage of teams who detest the exhibition schedule.
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