Report: Cavs ink Kyle Lowry to offer sheet

Basketball Betting Lines

07/14/2010 - Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have reportedly made their first move of the post-LeBron James era, signing restricted free-agent guard Kyle Lowry to an offer sheet.

The Cleveland Plain Dealer is citing multiple league sources on the signing, reported to be for three years with a team option for a fourth that could bump the deal's value to $24 million.

Lowry averaged 9.1 points, 4.5 assists and 3.6 rebounds over 68 games last season for the Houston Rockets, who will have seven days to match Cleveland's offer.

The 24-year-old was originally selected by Memphis with the 24th overall pick in the 2006 draft out of Villanova. He was part of a three-team trade during the 2008-09 season that landed him in Houston.

In 237 career games between the two teams, including 30 starts, Lowry has posted averages of 8.7 points, 3.8 assists and 3.0 rebounds while seeing time in 23.6 minutes per contest.

Offsmaker Basketball Betting News

<< In the FCS Huddle: 2010 Matchups to Watch
Philadelphia, PA (Sportsbook Betting Lines) - Look over the entire 2010 FCS schedule long enough and certain games stand out amid your eyes blurring. We're not talking about St. Francis (Pa.) at Morehead State, either. It's games like Richmond at Vi

<< CFL West Report: Roughriders cream of the early crop
Toronto, Canada (Sportsbook Betting Lines) - Just two weeks into this young CFL season, the Saskatchewan Roughriders are already living up to their billing as the best of the west. After a brilliant offensive performance in a 54-51 double- overtime win o

<< 2010 FBS Positional Analysis: Offensive Linemen
Philadelphia, PA (Sportsbook Betting Lines) - They handle all the heavy lifting, do all the dirty work in the trenches and keep the skill position players in the headlines, often times sacrificing their own stardom in the process. It takes a certain mind

<< Michigan Stadium's capacity set at 109,901
ANN ARBOR, Mich. (AP) -The University of Michigan has figured out just how many fans it can seat in the new-look Big House.The school announced Wednesday the capacity of Michigan Stadium will be 109,901 this season, making it the country's largest f

<< Cavs sign G Lowry to offer sheet
CLEVELAND (AP) -Looking to rebuild without LeBron James, the Cleveland Cavaliers have signed restricted free agent guard Kyle Lowry to an offer sheet.Lowry spent last season with Houston, where he averaged 9.1 points and 4.5 assists in 68 games. The

New York signs French striker Henry as second DP >>
Secaucus, NJ (Sportsbook Betting Lines) - Red Bull New York signed French forward Thierry Henry to a multi-year contract as its second designated player, the Major League Soccer club announced on Wednesday. Henry, a World Cup, European Cha

Harrington says he's headed to Denver >>
DENVER (AP) -Free agent power forward Al Harrington says he's headed to the Denver Nuggets, who are in dire need of frontcourt help with Kenyon Martin, Chris Andersen and Nene coming off leg injuries.The former New York Knicks backup tweeted: ``I'm

Cavs ink Kyle Lowry to offer sheet >>
Cleveland, OH (Sportsbook Betting Lines) - The Cleveland Cavaliers have made their first move of the post-LeBron James era, signing restricted free-agent guard Kyle Lowry to an offer sheet. Terms of the contract were not disclosed, but the Cle

Grizzlies sign Tony Allen >>
Memphis, TN (Sportsbook Betting Lines) - The Memphis Grizzlies have announced the signing of guard Tony Allen to a multi-year contract. Terms of the deal were not disclosed, per team policy. It was earlier reported the contract would start at c

Former 76ers executive Billy King to replace Thorn >>
EAST RUTHERFORD, N.J. (AP) -Billy King is the New Jersey Nets' new general manager.King was hired Wednesday to replace Rod Thorn as the team's top executive, new owner Mikhail Prokhorov announced in a release.Thorn is stepping aside as president and

Matt Kenseth And Kevin Harvick Favorites To Take NASCAR Nextel Cup Championship

(September 15)—The NASCAR season has hit the homestretch with the opening event on this year’s Chase for the Cup taking place this weekend at the Sylvania 300 at New Hampshire International Speedway. With 10 races remaining to determine the Cup Series champion, leading online sportsbook MySportsbook.com today announced odds on all 10 Chase qualifying drivers capturing the NASCAR Sprint Cup Championship.

One of the largest sportsbook sites on the Internet, MySportsbook.com currently lists the top two drivers in the point standings as the early favorites to win the Nextel Cup. Entering the Chase for the Cup with a slim five-point lead in the point standings, 2003 NASCAR champ Matt Kenseth has been made a slight favorite to win his second Cup at 7/2 betting odds. 2001 Cup Rookie of the Year Kevin Harvick has betting odds listed at 5/2 and four-time NASCAR champion Jeff Gordon is listed at 6/1 to capture the Nextel Cup this year.

Hoping to follow in the footsteps of his legendary father who won six NASCAR titles, Dale Earnhardt Jr. stands at 8/1 to breakthrough with his first Cup victory. Staying with the family theme, MySportsbook.com lists 2005 Rookie of the Year Kyle Busch at 14/1 to succeed big brother Kurt’s 2004 NASCAR title. While Kasey Kahne was the final driver to qualify for the Chase with a third place finish last week, the oddsmakers give him a fighting chance at 10/1 mainly due to several mile-and-a-half tracks remaining on the schedule. Despite going winless on the NASCAR circuit this season, Jeff Burton enters the Chase at 5/1 to capture the Cup title. Meanwhile, rookie Denny Hamlin is 4/1 to win the championship, while veteran driver Mark Martin enters the Chase for the Cup as a 15/1 long shot to win his first NASCAR title in his 24th and final season.

MySportsbook.com will offer comprehensive Nascar betting lines on every race remaining on the Nextel Cup series including driver match-ups, props and odds to win each race. For a complete list of NASCAR odds, please visit www.MySportsbook.com.

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts US credit cards needs.

COLLEGE FOOTBALL BETTING

NCAA Football Betting : USC's reward: Top spot in Top 25

NEW YORK (AP) -By staying away from the cupcakes, Southern California earned itself a slim new ranking.

No. 1 always seems to fit USC.

Southern California jumped two spots to No. 1 in The Associated Press Top 25 on Tuesday, rewarded by voters for opening the season with a dominant performance on the road against a BCS conference opponent.

Georgia and Ohio State, the preseason Nos. 1 and 2, respectively, started their seasons with glorified scrimmages at home against FCS (formerly I-AA) teams. USC, however, traveled across country to face Virginia and could not have been more impressive in a 52-7 victory.

Georgia fell to No. 2 and Ohio State to No 3.

"We realize that rankings so early in a season are certainly fluid. But rankings do help establish a pecking order for things later in the season," USC coach Pete Carroll said in a statement. "As for moving into the No. 1 spot, it's nice to know that people think highly of our team."

Since reaching No. 1 on Dec. 7, 2003, the final-regular season AP poll of that season, USC has been No. 1 in 39 polls, by far the most of any team during that time.

"Some have said the voters are taking our schedule into consideration," Carroll said. "Our philosophy has always been to schedule outstanding opponents. We need to play challenging games like we just did, traveling across the country to open the season at Virginia. Games like that bring out our best and make us stronger as a team."

The latest voting was close. USC received 21 first-place votes and 1,539 points from the 65-member media panel. Georgia had 20 first-place votes and 1,506 points. Ohio State got 15 first-place votes and 1,497 points.

"I'd say we've evolved as pollsters," said Stewart Mandel of SI.com, who moved USC up to No. 1. "In the past, voters just kind of automatically moved teams up and kept teams where they were if they won."

Georgia beat Georgia Southern 45-21 on Saturday and Ohio State opened with a 43-0 win over Youngstown State.

"There's a bit of a growing backlash for the amount of teams that open with I-AA cupcakes," said Mandel, whose book "Bowls, Polls and Tattered Souls" chronicles college football's controversies. "To see a team [USC] go on the road and play a New Year's Day bowl team from last season, and not only play them but destroy them, how could you not reward that team?"

USC also jumped past Georgia to No. 1 in the USA Today coaches' poll, which has the same top five as the AP poll.

"It's definitely a privilege to be No. 1. But it's not heartbreaking to me if we drop," Georgia offensive lineman Josh Davis said. "It doesn't matter right now what we're ranked. What matters is our next game and right now, that's Central Michigan. The only time the polls matter is in December. That's when the polls matter."

While the Bulldogs opened easy, their schedule ultimately should be as difficult as any team's. Georgia's big nonconference test is at No. 15 Arizona State on Sept. 20. The Bulldogs also face six Southeastern Conference rivals that've been ranked in the first two polls.

As for Ohio State, the Buckeyes play at USC on Sept. 13 before getting into the Big Ten schedule.

But of the teams in this week's top 10, USC and Texas are the only ones that don't play an FCS opponent, and the Trojans are the only team that doesn't play a team from a non-BCS conference.

Get the latest 2009 BCS Championship odds at MySportsbook.com.

The last team to drop from No. 1 after a victory was USC last season. LSU jumped from No. 2 to No. 1 when it beat Tulane 34-9, the same week the Trojans edged Washington 27-24 on the road.

The last preseason No. 1 team to lose the top spot after winning its opening game was Florida in 2001. The Gators beat Marshall 49-14, but preseason No. 2 Miami opened with a 33-7 victory over Penn State and the Hurricanes jumped to No. 1 with Florida slipping to second.

The next four teams in the new Top 25 stayed the same: No. 4 Oklahoma (two first-place votes), No. 5 Florida (five first-place votes), No. 6 Missouri (one first-place vote), No. 7 LSU (one first-place vote) and No. 8 West Virginia.

No. 9 Auburn and No. 10 Texas each moved up a spot, taking advantage of Clemson's big drop. Clemson, ninth in the preseason, fell out after losing 34-10 to Alabama on Saturday.

Also falling out after losses were Virginia Tech, Pittsburgh and Tennessee.

Moving into the rankings were No. 21 Fresno State, No. 22 Utah, No. 23 UCLA and No. 24 South Carolina.

Alabama moved up 11 spots after its big victory over Clemson.

The second 10 started with No. 11 Wisconsin, followed by Texas Tech, Alabama and Kansas. BYU and Arizona State were tied for 15th. Rivals BYU and Utah are both ranked for the first time since 1996.

South Florida was No. 17, ahead of Oregon, Penn State and Wake Forest at No. 20.

The final five were all the teams to move into the ranking, except for Illinois, which dropped four spots and tied South Carolina for No. 24.

Get free Sports Betting lines RSS feeds from top rated online sportsbook MySportsbook.com