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.

Sportbettinggamble Basketball Betting News

<< 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

<< 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

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

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 - The World's Leading Online Sportsbook

For more than 11 years now, MySportsbook.com has been the World’s BEST online sports book website, providing a safe and secure place for sports wagering. Our world-class level of experience and industry sportsbook expertise is unmatched.

Offering a wide array of sports to wager on, MySportsbook.com leaves no stone unturned in our search to provide you with great football betting lines and online blackjack options. From teasers to parlays, from futures to wacky propositions, we add more game excitement than any other sportsbook. Fully licensed in two gaming jurisdictions, MySportsbook.com is open and eager to assist you 24 hours a day, seven days a week.

Whatever the sporting event, this online sportsbook has you covered. Enjoy some of sport’s most memorable moments that much more with MySportsbook.com. With increased interest, follow the game-winning field goal, the walk-off homerun, the buzzer-beater or the hole-in-one shot. Bank on that clutch glove save, the upset TKO or an incredible Hail Mary pass. MySportsbook.com quenches your thirst for action.

To visit this online blackjack got to MySportsbook.com for all your Sportsbook accepts credit cards needs.