Preds ownership completes Del Biaggio buyout
Hockey Betting Lines
09/02/2010 -
Nashville, TN (Sportsbook Betting Lines) - Nashville Predators chairman Tom
Cigarran announced on Thursday that the current ownership group has completed
the purchase of remaining ownership shares from jailed former investor William
"Boots" Del Biaggio and the former Forecheck Investments.
Back in July, the Preds' ownership began the process to strengthen its hold
on the franchise, after agreeing to acquire the remaining ownership
shares from the disgraced Del Biaggio -- who had owned an 83 percent stake in
Forecheck.
According to the terms of the agreement at that time, the current
ownership group was to purchase Del Biaggio's $25 million ownership stake for
$15.2 million, and also agreed to withdraw its damage claims against Del
Biaggio's estate.
Approval of the transaction by the National Hockey League and the Metro
Nashville Sports Authority means that the current owners, which include
Cigarran, now hold an overwhelming majority of shares in the club.
"This is a significant step for the Predators franchise on several levels,"
Cigarran said. "First and foremost, it strengthens our franchise's financial
position and eliminates a significant future liability. In doing so, it closes
the book on a distraction and allows the Predators and fans to move forward,
focusing on what matters most -- putting the best possible team on the ice and
creating the best possible in-arena atmosphere and entertainment experience.
"Also, while the franchise was initially known as Nashville's team because it
was created here in the Music City, this transaction reinforces that theme as
more than 95 percent of the ownership shares are now held by local residents."
Del Biaggio was sentenced to eight years in federal prison last September
after being convicted of bilking banks as well as the owners of two NHL
franchises out of more than $100 million dollars and forging documents to
acquire the loans to purchase a controlling interest in the Predators.
The Predators will begin their 12th NHL season in the re-christened
Bridgestone Arena on October 9.
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NFL Football Betting Online
The San Francisco 49ers (5-11 SU, 5-10-1 ATS in 2007; 1-1 SU & ATS in pre-season) found some offensive life last week, and they will try to build some momentum on Thursday night as they travel to the Windy City to take on the Chicago Bears (7-9 SU & ATS in 2007; 0-2 SU, 0-1-1 ATS in pre-season) in an NFL matchup that is set to get underway at 8 PM ET at Soldier Field (natural turf) in Chicago.
Thursday, August 21
NFL betting odds: CHICAGO -3 (-120), Total 37
NOTABLE STAT: San Francisco was last in points, last in total offense in 2007
KEY NFL BETTING TREND: SF has lost its last seven SU on pre-season road
In the BetUS NFL pre-season football betting odds, the Bears are listed as a three-point favorite (laying -120), with the total posted at 37 points.
Here are some NFL football betting trends as they relate to this matchup (reflecting numbers going into the 2008 season):
* SF has lost 11 of its last 14 games SU
* SF has covered three of its last 11 games
* SF has lost six of its last seven road games SU
* SF has covered one of its last seven road games
* CHI has covered five of its last eight games
* CHI has played five of its last seven games OVER the total
* CHI has covered four of its last 13 home games
* SF has lost its last seven pre-season road games SU
* CHI has covered two of its last seven home pre-season games
Well, I guess we should congratulate the Bears on making their quarterback choice for the season's opening game, as they have designated Kyle Orton the starter against Indianapolis. The Bears obviously have lost patience with Rex Grossman, and what they do with him at this point is anybody's guess. But suffice it to say that there isn't a quarterback competition anymore, at least in training camp.
Meanwhile, the quarterback competition may also be settled in San Francisco, where the Niners bounced back from a lackluster 18-6 loss to the Raiders, in which they turned the ball over four times, to execute a 34-6 rout of the Packers last Saturday. However, coach Mike Nolan has stopped short of saying that, insisting that the job is still open. But J.T. O'Sullivan, the longshot of the trio of Niner signal-callers who opened camp, will start his third straight pre-season game here. Against Green Bay, O'Sullivan was only 8-for-17, and was intercepted, but he also threw for 9.1 yards an attempt, which included a 59-yard TD pass to Josh Morgan. The others struggled.
Some offensive cohesion is badly needed, in light of the Niners' dismal 2007 campaign, in which they were dead last in the NFL in scoring, with just 13.7 points a game. And O'Sullivan is the guy who is most familiar with offensive coordinator Mike Martz's exacting system, because he learned it last year in Detroit. O'Sullivan will go at least the entire first half and may even last longer. He'll be relieved by Alex Smith, with Shawn Hill doing the mop-up work. Three receivers who were out last week - Bryant Johnson, Ashley Lelie and Arnaz Battle - will miss this game too.
That may hurt a little here, especially since the Bears will be using a lot of their defensive starters. And it's the defense that has been keeping the Bears in games thus far. In fact, the defense and special teams were responsible for the first 19 points Chicago scored against Seattle last time out, as the offense really struggled with Grossman at the controls. But maybe the first-team offense has a chance to settle a little bit as it works more with Orton at the helm.
Certainly we have concerns about the Bears' offensive line, but we like the scenario for them here, especially if O'Sullivan doesn't make some bis plays. The Niners may have nowhere else to turn right now, and they have lost seven straight road games in the pre-season. Let's take Chicago, the three-point favorite in the NFL football betting odds.
CHICAGO -3 (-120) **
(Graded on a scale of 1-4 stars)
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Bonds nearly hits HR 751, SF wins
4 and drove in
a pair of runs, and Barry Bonds nearly hit homer No. 751 as San Francisco beat
1, in the middle contest of three at AT&T Park.
6) allowed five hits and one run over 6 2/3 innings, fanning
eight and walking three.
game slide.
Bonds, who came within five homers of Hank Aaron's record on Friday, went
1 with three walks, an RBI double and scored twice. The double ...
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