Nets name Billy King general manager
Basketball Betting Lines
07/14/2010 - East Rutherford, NJ (Sportsbook Betting Lines) - The New Jersey Nets have named Billy King as their next general manager.
King takes the reins from Rod Thorn, who is stepping down as team president and general manager after 10 years on the job. It is also expected King will assume the title of president, a dual position new owner Mikhail Prokhorov wanted to keep intact.
"I am very pleased Billy King is coming on board as Nets general manager, said Prokhorov. "He has all of the qualities we've been looking for in a candidate: professionalism, good relations with the league, players and agents, and strong communications skills."
King previously spent 10 years with the Philadelphia 76ers, first as vice president of basketball administration starting in 1997 before a quick ascent to the general manager's position and then to team president from 2003-07.
King was fired by Sixers chairman Ed Snider in December of 2007 and replaced by Ed Stefanski, who was general manager of the Nets at the time.
"I am very excited about joining the Nets organization," said King. "I want to thank Mr. Prokhorov and his executive team for the opportunity to oversee a franchise that has such a vibrant owner, an outstanding coach in Avery Johnson, and possesses the combination of young talent, cap space and draft choices that will allow us to build a squad that will be able to contend for an NBA title."
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Braves acquired shortstop Alex Gonzalez from the Toronto Blue Jays on Wednesday in a five-player trade. The Braves sent shortstop Yunel Escobar and pitcher Jo-Jo Reyes to Toronto and also acqu
<< Safarova pulls out in Prague
Prague, Czech Republic (Sportsbook Betting Lines) - Top-seeded heavy Czech crowd
favorite Lucie Safarova pulled out of her scheduled second-round match
Wednesday at the $220,000 Prague Open tennis event.
Safarova was slated to meet Swe
<< Suns get Childress from Atlanta
Atlanta, GA (Sportsbook Betting Lines) - The Phoenix Suns have acquired guard Josh
Childress from the Atlanta Hawks in a sign-and-trade deal for a future second-
round draft pick.
In addition to the draft pick, Atlanta will get a trade exception to us
<< Report: Nets tab Billy King to run basketball operations
New York, NY (Sportsbook Betting Lines) - The New Jersey Nets are reportedly set to hire
Billy King to oversee the team's basketball operations.
King had formerly been general manager of the Philadelphia 76ers, but was
fired by team chairman Ed Snider
<< AP source: Timberwolves agree to deal with Ridnour
MINNEAPOLIS (AP) -A person with knowledge of the negotiations tells The Associated Press that the Minnesota Timberwolves have agreed to a four-year, $16 million deal with free agent point guard Luke Ridnour.The person spoke Wednesday on condition of
Nashville, TN (Sportsbook Betting Lines) - Vanderbilt's athletic department has called a press conference for 2 p.m. (et) at which time head football coach Bobby Johnson is expected to announce his resignation. The Tennessean first reported the decisi
Del 'Cap features six top females >>
Stanton, DE (Sportsbook Betting Lines) - Saturday's $750,000 Delaware Handicap has
attracted six of the leading female thoroughbreds in the nation. The winner of
the 1 1/4-mile race gains automatic entry into this year's Breeders' Cup
Ladies'
"Birdman" has second surgery of offseason >>
Denver, CO (Sportsbook Betting Lines) - The Denver Nuggets announced forward-center
Chris Andersen underwent surgery on Wednesday to repair a torn ligament in
his left ring finger.
A release from the team indicated Andersen broke the fin
Sportswriter headlines Meadowlands Pace >>
East Rutherford, NJ (Sportsbook Betting Lines) - Sportswriter, winner of the North
America Cup, will take on nine rivals in Saturday's $1 million Meadowlands
Pace at The Meadowlands. The field of 10 three-year-old pacers will leave the
startin
Johnson retires as Vandy football coach >>
Nashville, TN (Sportsbook Betting Lines) - Vanderbilt head football coach Bobby
Johnson announced his abrupt retirement Wednesday after eight years guiding
the program.
A press conference was called for Wednesday afternoon at which time
Academy Award Betting Odds for Best Picture Offer Great Value
If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture. Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.
FOOTBALL BETTING : Crabtree's base deal: six years, $32 million
In the wake of the news that the 49ers have signed receiver Michael Crabtree after an extended holdout, there has been not a hint of the dollars to be paid to Crabtree.
And since this means that his agent hasn't leaked the numbers, it means that his agent feels no specific motivation to do so.
Possibly because his agent isn't all that thrilled to have his name on the deal.
So the numbers will come from sources other than Crabtree's agent. And we've gotten our mitts into them.
Per a league source, Crabtree has signed a six-year, $32 million contract. (The total includes guaranteed money, base salaries, and the one-time incentive based on achieving minimum playing time.)
The deal also includes $17 million in guaranteed money.
As reported elsewhere, the deal can void to five years based on performance triggers, wiping out a final year base salary of $4 million. But they won't be easily reached.
The source tells us that, in his first four seasons (including 2009), Crabtree must either qualify for two Pro Bowls, or he must qualify for one Pro Bowl in one year and he must participate in 80 percent of the offensive snaps in a separate year in which the team makes the playoffs.
In other words, if in 2010 he qualifies for the Pro Bowl and the team makes the playoffs and he participates in 80 percent of the snaps, he'll still need to make it to the Pro Bowl or achieve the 80-percent/playoffs in another season.
Since the chances of Crabtree making the Pro Bowl or participating in 80 percent of the offensive snaps this year is roughly zero percent, he'll have three years to get it done.
And it won't be easy. Frankly, he'll be hard pressed to make it to one Pro Bowl in three years with the likes of Larry Fitzgerald, Calvin Johnson, Anquan Boldin, Steve Smith, the other Steve Smith, Hakeem Nicks, DeSean Jackson, Johnny Knox, Percy Harvin, Greg Jennings, Roddy White, T.J. Houshmandzadeh in the same conference for sportsbook betting.
So, by all appearances, it's a six-year deal. And at $17 million in guaranteed money, the per-year guarantee is a tepid $2.83 million per year.
There's another problem with the deal -- it has no mid-tier incentive package. Instead, the additional $8 million that Crabtree can earn (pushing the max value to six years, $40 million) requires the kind of unrealistic, mega-star performances that no rookie is likely to ever achieve.
So while the contract paid to Packers defensive tackle B.J. Raji covers five years and pays $22.5 million, he has the ability (if he's a solid player) to make up the difference between his base deal and Crabtree's five-year, $28 million haul via the mid-tier incentive package in Raji's deal.
And unless Crabtree meets the performance thresholds necessary to void the sixth year, he'll be stuck under contract for another year at a base salary of only $4 million.
There's one other area of concern with the deal. Crabtree, per the source, received no option bonus. Instead, he has significant money tied to a fairly new device known as a "discretionary salary advance," which unlike an opition bonus is subject to forfeiture if Crabtree decides in a year or two that he wants to hold out for a better deal. (We're also told that the 49ers have included language that would make certain escalators subject to forfeiture, too.)
Meanwhile, the deal falls well short of the mark for which Crabtree and agent Eugene Parker were aiming -- the five-year, $38.25 million contract paid by the Raiders to receiver Darrius Heyward-Bey, the seventh overall pick in the draft.
Even if Crabtree successfully voids the final year, he'll make more than $2 million per year less on average than Heyward-Bey.
Thus, as we explained earlier in the day, this is a deal that Crabtree could have done in July, which would have given him a much better chance of making a contribution to the 49ers during his rookie year.
So while the final outcome can be described as win-win, the broader view suggests that it's really a lose-lose situation.
To visit this sportsbook go to MySportsbook.com for all your college football betting needs.