UConn's Calhoun receives five-year extension

NCAA Basketball Betting Lines

05/07/2010 - Storrs, CT (Sportsbook Betting Lines) - The University of Connecticut handed longtime men's head basketball coach Jim Calhoun a five-year contract extension running through the 2014 season on Friday.

The deal is effective retroactively from July 1, 2009 and is weighted with lofty figures for appearances as well as performance and postseason incentives.

Calhoun will receive a base salary of $325,000 for 2009-10 with a $25,000 bump in each additional year. In addition to the base salary, Calhoun's agreement calls for $1,675,000 in year one of the agreement for institutional speaking engagements and media-related appearances and will increase in each year after. The combined figures will total $2,300,000 for 2010-11, $2,700,000 for 2011-12 and $3,000,000 for 2012-13 and 2013-14.

"I am very happy that this new contract will allow me to finish my coaching career here at UConn," Calhoun said at a news conference Friday to announce the pact. "This is a tremendous show of recognition and support from (Athletics Director) Jeff Hathaway and (President) Michael Hogan."

Calhoun, who turns 68 on Monday, recently completed his 24th season as head coach at UConn and his 38th as a collegiate head coach. It was a trying season for both the program and Calhoun, who experienced health problems and left the team for seven games with an undisclosed condition.

The up-and-down campaign saw the Huskies finish 18-16, including a lowly 7-11 mark in conference play. An embarrassing 75-53 loss to St. John's in the first round of Big East Tournament preceded a loss to Virginia Tech in the second round of the NIT.

"Jim is one of the elite coaches in college basketball," remarked Hathaway. "He has taken UConn Basketball to the national championship level, and he is a valued representative of the University and the State of Connecticut."

A 2005 inductee into the Basketball Hall of Fame, Calhoun guided the Huskies to a pair of national titles in 1999 and 2004 and has gone 575-221 in his 24 years at the helm. He also coached 14 seasons at Northeastern, compiling a record of 248-137.

In 2009, Calhoun became the seventh Division I coach in NCAA history to reach 800 career wins. The year also saw the program mired in an investigation into NCAA rules violations related to the recruitment of Nate Miles. That and a myriad of health concerns led Calhoun to question his future in coaching following the Huskies Final Four loss to Michigan State.

Calhoun has survived cancer three times, including prostate cancer in 2003 and skin cancer in 2008.

Cbsspirtsline NCAA Basketball Betting News

<< Aussie great Newcombe has skin cancer surgery
Sydney, Australia (Sportsbook Betting Lines) - Former world No. 1 John Newcombe underwent surgery to have a cancerous growth removed from the right side of his nose. "It's a cancerous growth so he (the doctor) had to cut...and finish

<< Dodgers to host Rockies in key divisional set
(Sportsbook Betting Lines) - Los Angeles Dodgers outfielder Andre Ethier will bring his Triple Crown numbers and late-game heroics into Friday's opener of a three- game series versus the NL West-rival Colorado Rockies at Chavez Ravine. Ethier was at i

<< Angels, Mariners to square off in battle of reeling clubs
(Sportsbook Betting Lines) - A pair of slumping American League West rivals get together tonight in the Emerald City, where the Seattle Mariners and Los Angeles Angels of Anaheim collide in the opener of a three-game series at Safeco Field. The Marine

<< Bruins shoot for sweep in Philly
(Sportsbook Betting Lines) - The Boston Bruins will shoot for a sweep of their Eastern Conference semifinal series when they visit the Philadelphia Flyers for Game 4 tonight at Wachovia Center. The sixth-seeded Bruins are just once victory away from e

<< Brewers head to Arizona for final leg of trip
(Sportsbook Betting Lines) - The Milwaukee Brewers should feel more confident about the next opponent on their 10-game road trip, as they try and continue their recent success against the Arizona Diamondbacks tonight at Chase Field. Milwaukee, which i

Canucks host Hawks in pivotal Game 4 >>
(Sportsbook Betting Lines) - The Chicago Blackhawks will try to grab a 3-1 series lead in the Western Conference semifinals when they visit the Vancouver Canucks for tonight's pivotal Game 4 battle at General Motors Place. The second-seeded Blackhawks

Penn National joins MID in Maryland Jockey Club >>
Wyomissing, PA (Sportsbook Betting Lines) - Penn National Gaming and MI Development (MID) announced Friday morning the establishment of a joint venture to own and operate the Maryland Jockey Club. The Maryland Jockey Club conducts thoroughbred

Montreal to join MLS in 2012 >>
Montreal, QC (Sportsbook Betting Lines) - Montreal will be the home of Major League Soccer's 19th franchise, Major League Soccer commissioner Don Garber and expansion team owner Joey Saputo announced on Friday during a press confere

Lipscomb F Hodzic withdraws for NBA Draft >>
Nashville, TN (Sportsbook Betting Lines) - Lipscomb University forward Adnan Hodzic has withdrawn from the 2010 NBA Draft and will return to the school for his senior season. Hodzic had entered the draft on April 8, but did not hire an agent. "By

Lyon desperate to get back to Champions League >>
Valenciennes, France (Sportsbook Betting Lines) - After reaching the semifinals of the Champions League for the first time in club history, Lyon is eager to return to Europe's premier club competition, but they must first get back into the top thr

Super Bowl XLIII Betting - Super Bowl 2009

Super Bowl 2009, the Arizona Cardinals and the Pittsburgh Steelers.

Let’s take a look at the Super Bowl 2009 betting odds and the betting line and figure out where they’ve been and where they are going to go.

MySportsbook.com put up the Super Bowl 2009 betting odds late on Sunday night with the Pittsburgh Steelers favored by 6.5 points and a total betting line at 47.5 points.

Since then, however, the Super Bowl 2009 betting odds have seen a good deal of movement and you’ll want to be on top of where they are likely to move to make sure you get the best line value for the big game.

Since opening, the Super Bowl 2009 betting lines went to Steelers -7 in the span of roughly 3 hours but were quickly bought back down just minutes later to 6.5 again.

After that is took about 5-6 more hours before the betting line went back to -7 where it has sat for a while now and is likely to remain. The opening betting total of 47.5 was bet down right after the line became available and went to 47 within minutes.

Roughly a day later it has been bet even further down to the 46.5 tally it currently is set at.

Roughly 60% of gamblers seem to be on the Cardinals here so the point spread will be bet down and a 7.5 would not last very long at all with many taking the early 6.5 in hopes of finding a potential middle in the Super Bowl 2009 betting odds.

If you like Arizona and see a 7.5, I’d take it as soon as possible because it’s unlikely to last. For Pittsburgh backers, the -7 might be the best you’ll be able to find but a 6.5 is definitely possible close to game time.

Regarding the Super Bowl 2009 betting odds for the total, most tracked gamblers are already on the over and with those who took the under 47.5 already securing a middle on the over 46.5, the only way I see it moving is back up to 47 so if you like the over, I’d recommend betting now.

Get free Super Bowl XLIII Betting from top rated online sportsbook MySportsbook.com. Mysportsbook.com online Super Bowl betting with credit cards

FOOTBALL BETTING : Crabtree's base deal: six years, $32 million

Football Betting

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.

NFL Betting Lines

To visit this sportsbook go to MySportsbook.com for all your college football betting needs.