AP source: Cavs sign Lowry to offer sheet

Basketball Betting Lines

07/14/2010 -

CLEVELAND (AP) -A person familiar with the move says the Cleveland Cavaliers have signed restricted free agent guard Kyle Lowry to an offer sheet.

The Cavs have offered Lowry, a reserve for Houston, a three-year contract, said the person who spoke to The Associated Press on condition of anonymity because the Rockets have seven days to match Cleveland's package.

Cleveland is looking to bolster its roster after losing free agent superstar LeBron James, who was sent to Miami in a sign-and-trade deal. The Cavs also lost center Zydrunas Ilgauskas, who is following James to the Miami Heat.

A five-year veteran, Lowry is a strong defender and could back up Mo Williams at the point. He averaged 9.1 points and 4.5 assists last season.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

Supersportsbook Basketball Betting News

<< Wade says hardest part of rebuilding Heat is over
DORAL, Fla. (AP) -Dwyane Wade says the hardest part of rebuilding the Miami Heat ``is out of the way.''Speaking Wednesday morning at a charity golf tournament he co-hosts with Alonzo Mourning, Wade was saying that he remains confident Mike Miller wi

<< Nuggets reportedly land Harrington
Denver, CO (Sportsbook Betting Lines) - The Denver Nuggets have reached agreement with free agent forward Al Harrington on a five-year, $34 million contract, according to multiple media reports. Harrington averaged 17.7 points, 5.6 rebounds and 1.5 as

<< McCann propels NL to first All-Star victory since 1996
Anaheim, CA (Sportsbook Betting Lines) - Atlanta Braves catcher Brian McCann hit a three-run double in the seventh inning, boosting the National League to its first victory at the All-Star Game since 1996, a 3-1 decision over the American League at Angel

<< Hunter goes 0 for 2 as All-Star host
ANAHEIM, Calif. (AP) -Angels center fielder Torii Hunter caught the ceremonial first pitch from former Angels great Rod Carew before the 81st All-Star game on Tuesday night and autographed the ball for the 15-time All-Star.That turned out to be the

<< McCann comes up big, NL finally wins All-Star game
ANAHEIM, Calif. (AP) -One key swing by Brian McCann pulled the National League out of the All-Star shadows.McCann's three-run double in the seventh inning provided the NL all the offense it needed to capture its first Midsummer Classic since 1996 wi

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

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

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

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

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

Elite 8 NCAA Tournament Betting at online sportsbook MySportsbook.com

In what should be an outstanding Saturday of March Madness betting action, the top four teams in the South and West Regions square off in what should be extremely close match-ups. Three of the four teams are coming off extremely close games on Thursday evening, only UCLA won semi comfortably over Pitt 64-55.

Ohio State is coming off their second game in a row where in all reality they should have lost. Of course that doesn’t matter now since the name of the game is “survive and advance” but as the tournament continues, they can’t afford to keep getting down to their opponents early. Kansas also avoided a scare by holding off a scrappy Southern Illinois squad. In the third thrilling game of the evening Memphis pulled off the minor upset (+3.5) despite being the higher seed to Texas A&M.

Although the spreads are fairly small for Saturday’s games, MySportsbook.com continue to bet against the underdogs. Despite OSU’s two scares, 86% of the “betting public” feels the Buckeyes (-1.5) have what it takes to make the Final Four. In fact, so much of the early money is on OSU that the line has already moved from -1 to -1.5. In the second game of the doubleheader, Kansas and their high-powered offense are 2 point favorites as they take on UCLA and their effective defense. About 63% of the early money thus far is once again backing the favorites. If those percentages stay that high, don’t be surprised if this line moves as well. If you like Kansas (-2) you might want to jump on it early.

Memphis vs. Ohio State

Both squads were involved in thrillers on Thursday evening and should come out fired up. OSU can ill afford to get behind early like they did versus their previous two opponents (Xavier, Tennessee). Greg Oden needs to stay out of foul trouble; the Buckeyes are a completely different team when he is on the court. Memphis definitely has the athleticism and length to match-up with OSU. Of Memphis’ five leading minute earners, the shortest of the bunch is 6’5”. Each team has a very effective defense; Memphis surrenders 62.3 PPG whereas the Buckeyes give up only 61 PPG. With those type of numbers, it isn’t surprising that Memphis covered the UNDER almost 69% of the time this season. As a favorite, OSU has covered the UNDER almost 66% of the time over the last three seasons. The major concern for Memphis which is magnifies this time of the year is their brutal foul shooting (62%). This season, OSU is 17-11 ATS versus teams with a winning record and 7-2 ATS in all tournament games. Memphis has been an extremely reliable cover in tournament play in recent years with a 23-8 ATS record over the last three seasons.

UCLA vs. Kansas

In the second game of Saturday’s doubleheader, UCLA will play in a role which they are very unfamiliar with that of the underdog. Only twice this season have they been getting points from the handicappers and both times they covered. Over the last three seasons UCLA is a reliable 23-7 ATS in this unfamiliar role. UCLA has not fared well against Big 12 opponents recently going 1-7 ATS since 1997. Giving up only 59.6 PPG, UCLA will definitely look to do what they do best: keep this game as low scoring as possible. Their defense has been especially tough during the tournament. UCLA opponents have been able to muster up only 48.7 PPG while shooting a combined 34.5% from the field. UCLA definitely has a challenge at hand with a Kansas team that is capable of putting points on the board in bunches. As a team, they average 79 PPG and shoot an impressive 49.6% from the field and 39.4% from beyond the arc. During the tournament Kansas has been “lights out” from the field having shot 56.2%.

With Friday -105 juice on Basketball betting, MySportsbook.com is the place to bet on all of the “March Madness” action.  Don’t forget to monitor who the public is backing at MySportsbook.com’s “Betting Trends”.  By doing so, you have the best chance of predicting a possible line change, thus getting the best value for your wager.

To bet on March Madness games this online sportsbook accepts credit cards