Cavs ink Kyle Lowry to offer sheet

Basketball Betting Lines

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.

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MySportsbook.com and Kentucky Derby Offer Bonuses
The 2008 Kentucky Derby has announced a $1-million bonus for this weekend’s 134th ‘Run for the Roses’ and MySportsbook.com is doing the same.

Well, not quite $1 million, but MySportsbook.com is offering a 75% rebate for Kentucky Derby lines. Check out the exclusive horse racing bonus for all the details.

According to MySportsbook.com, the favorites for Saturday’s Kentucky Derby at Churchill Downs in Louisville, Kentucky are: Curlin (+250); Street Sense (+500); Scat Daddy (+700); Circular Quay (+750); and Nobiz Like Shobiz (+800).

Derby organizers announced this week that there will be a $1-million bonus at the 2007 Kentucky Derby odds if the first-place horse wins by more than 6 1/2 lengths – the margin of Barbaro's victory last year. The bonus would be divided Saturday among the winning trainer, jockey, owner and a charity, with each receiving 25 percent. The designated charity is the Barbaro Memorial Fund.

''It's certainly creative, it's certainly fun and it has something for the horsemen, which we always want to embrace,'' Churchill Downs president and chief executive Robert Evans said at a news conference. ''What's really cool is it will force us to remember Barbaro.''
    
Meanwhile, the Derby favorite – Curlin – is going against the odds this year. It's been 125 years since Apollo won after skipping his 2-year-old season, and not since Regret in 1915 has such a lightly seasoned horse worn the blanket of red roses.

Arkansas Derby winner Curlin – unbeaten in three career races – tries to overcome both those obstacles in Saturday's 133rd Derby.

''We're not running against history,'' trainer Steve Asmussen said Monday. ''We're running against who they load up.''

Six other horses have run in the Derby without benefit of 2-year-old races and with three or fewer starts. The best any of them managed was a sixth-place finish by Showing Up last year.
   
Asmussen dismissed suggestions that Curlin's lack of racing experience could keep him from the winner's circle.

”He exudes confidence and he's got a great presence about him,'' the trainer said. ''I feel great about the position we're in. He's not worried about anything, why should you be?''
   
The Kentucky Derby is at 4:04 p.m., ET Saturday.

For complete odds on the Kentucky Derby, visit MySportsbook.com. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.