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.

Wmozilla 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

Brandon Roy Favorite to Win 2007 NBA Rookie of the Year

Portland TrailBlazer’s guard, Brandon Roy, is MySportsbook.com’s overwhelming favorite to win the NBA Rookie of the Year odds.

Despite missing 20 games due to an injury earlier this season, Roy has definitely put up the best numbers of his 1st year peers. In 32 games, Roy is averaging 15.3 PPG, 4.2 boards and 3.5 assists in over 33 minutes of play per game. While most rookies breakdown as the season progresses (see Morrison), Roy is only getting stronger as his playing time and scoring average has increased each month.

With 30 or so games left in the regular season, Roy isn’t a lock for the award by any means. Other rookies are putting together some pretty impressive campaigns and a few could give Roy a run for the award with increased playing time. Heading the list is first pick, Andrea Bargnani of the Toronto Raptors. Even though he has started only two games all season, Bargnani is averaging 10.3 PPPG while shooting 35% from deep.

Randy Foye of the Minnesota Timberwolves could be set to give Roy the best competition NBA Rookie of the Year betting lines. With the benching of Mike James, Foye looks like he could be the starter in the T-Wolves backcourt for the rest of the season. So far, Foye has averaged 9 PPG and 2.4 assists in just under 21 minutes per game. With his new role of starter, Foye’s numbers will definitely increase. In his first game as the new starting guard this past Sunday, Foye had 10 points; five rebounds and 8 assists. More importantly, he logged 34 minutes of playing time; his third highest run of the season.

Adam Morrison, of the Charlotte Bobcats, was the favorite early on in the season after averaging 15+ PPG through the first month of the season. Ever since his torrid start, Morrison’s point production has declined each month. This really isn’t surprising, considering at 6’8” he only weighs 205 lbs. Obviously he will need to hit the weights big time during the off-season in order to keep from breaking down in the future.

Be sure to log on to MySportsbook.com to bet on the NBA. With the regular season about to hit the homestretch, it is important to point out that MySportsbook.com has the highest credit card acceptance rate in the industry.

To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards.