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07/14/2010 - 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 Cleveland Plain Dealer reports the pact is 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.
<< 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
<< Report: Cavs ink Kyle Lowry to offer sheet
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 leag
<< 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
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
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
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
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
MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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