Magic extend Van Gundy

Basketball Betting Lines

07/28/2010 - Orlando, FL (Sportsbook Betting Lines) - The Orlando Magic have extended the contract of head coach Stan Van Gundy through the 2012-13 season.

The team also announced Alex Martins has been promoted to team president and Otis Smith to president of basketball operations with those deals also running through the 2012-13 campaign.

"Alex, Otis and Stan have brought great energy, dedication, leadership and vision to our organization," said Magic CEO Bob Vander Weide. "As a team, both from a basketball and business standpoint, they have us moving in a very positive direction and toward our ultimate goal of winning an NBA Championship."

Van Gundy's contract was set to expire after the upcoming season. He has a career NBA head coaching mark of 282-149 and a 170-76 record with the Magic. During the last three seasons with Van Gundy at the helm, the Magic have won three straight Southeast Division championships, reached the Eastern Conference Finals in back-to-back seasons and captured the conference title in 2008-09.

Martins had been the team's chief operating officer. Since re-joining the organization in June of 2005, Martins has led the Magic in its business operations, while overseeing a ticket sales effort which saw the largest increase in attendance in the NBA. He also helped to secure the new state-of- the-art Amway Center in Orlando, which is scheduled to open this October.

Smith was originally promoted to general manager on May 3, 2006.

Wwwwon Basketball Betting News

<< Warriors' Lin hopes to beat Harvard stereotypes
TAIPEI, Taiwan (AP) -The first Taiwanese-American signed by an NBA team hopes to overcome the negative stereotype of playing college basketball at Harvard, and eventually wants to be a minister in an inner-city neighborhood.Undrafted point guard Jer

<< Bartoli, Sharapova reach second round in Stanford
Stanford, CA (Sportsbook Betting Lines) - Reigning champion Marion Bartoli and former World No. 1 Maria Sharapova were first-round victors Tuesday at the $700,000 Bank of the West Classic tennis event. The former Wimbledon runner-up Bartoli handl

<< Hot Fish pulls out of LA event; Blake advances
Los Angeles, CA (Sportsbook Betting Lines) - Red-hot American Mardy Fish pulled out of the $700,000 Farmers Classic tennis event on Tuesday, citing fatigue and an ankle injury. An eighth-seeded Fish was scheduled to meet German Benjamin Beck

<< Jack Roush hospitalized following plane crash
Milwaukee, WI (Sportsbook Betting Lines) - Jack Roush, co-owner of Roush racing, was hospitalized Tuesday night following a plane crash at Wittman Air field in Oshkosh, Wisconsin. Roush was landing his Hawker Beechcraft Premier jet when the crash took

<< Lackey beats old team as Red Sox use late surge
Anaheim, CA (Sportsbook Betting Lines) - John Lackey returned to his former stomping grounds and pitched 7 1/3 quality innings to lead the Boston Red Sox to a 4-2 win over the Angels in the middle installment of a three-game series. Lackey (10-5

Panthers agree to terms with Clausen >>
Charlotte, NC (Sportsbook Betting Lines) - The Carolina Panthers have reportedly agreed to terms with rookie quarterback Jimmy Clausen. According to the Charlotte Observer, Clausen has a four-year deal that could be worth as much as $6.3 million. T

McCourty comes to terms with Patriots >>
Boston, MA (Sportsbook Betting Lines) - The New England Patriots and first-round draft pick Devin McCourty have agreed to terms of a contract. McCourty's agent, Andy Simms, posted the news on his Twitter feed Wednesday morning. Terms of the

Blue Jackets re-sign Stralman >>
COLUMBUS, Ohio (AP) -The Columbus Blue Jackets and defenseman Anton Stralman have agreed on a one-year contract, just minutes before they were to go to arbitration on Wednesday morning.General manager Scott Howson announced the re-signing.Stralman,

White Sox, Buehrle hope to extend home streak versus Mariners >>
(Sportsbook Betting Lines) - Mark Buehrle tries to lead the Chicago White Sox to their 10th straight home win this evening when they resume their four-game series against the Seattle Mariners at U.S. Cellular Field. Buehrle has been a big reason behin

Astros vie to extend series win streak over Cubs >>
(Sportsbook Betting Lines) - The Houston Astros have yet to lose a series to the Chicago Cubs this year. Starting pitcher Bud Norris getting his first victory in well over two months would keep that stretch going. Norris and the Astros aim for a fourt

FOOTBALL BETTING : Cassel Signs Contract

Kansas City, MO - Kansas City has not officially named Matt Cassel its starting quarterback, but there can be no doubt now.

NFL Betting
After praising his leadership and work ethic through spring workouts, the Chiefs announced Tuesday they had signed the 27-year-old Cassel to a multiyear contract. Terms were not disclosed, but he will almost certainly be one of the highest-paid members of the team.
"We are excited to be able to reach a long-term agreement for Matt Cassel to be a Kansas City Chief for many years to come," owner and board chairman Clark Hunt said in a statement. "His proven leadership on and off the field will be a tremendous asset to the organization."
Patriots made him their franchise player, meaning his salary for this season will be about $15 million.
New head coach Todd Haley, taking over for Herm Edwards after a 2-14 season, refused to name a starter at any position during offseason workouts. But it was obvious to everyone the team belonged to Cassel.
"I go out there each and every day with that focus that I'm the starter," Cassel said during a June minicamp. "Competition brings out the best in everybody."
The signing will come as welcome news to Cassel's new coaches and teammates. Amiable and hardworking, online football betting he appeared to win over everyone at minicamp.
"I think he's got some unique leadership qualities. I think his teammates like him and have respect for him. I think he's doing a pretty good job on the field, too," Haley said last month. "He's doing everything that I'm asking him, that our coaches are asking him to do. I don't have one single complaint how he's carrying himself."
After one workout, wide receiver Devard Darling declared Cassel "a breath of fresh air."
"He has a lot of swagger, a lot of confidence. It's good for us," said Darling. "We trust in him that he's going to go out there and lead us all the way."
nse to accommodate his specific abilities.
Trapped on the bench behind Heisman winners Carson Palmer and Matt Leinart at USC and then unable to unseat Super Bowl MVP Brady at New England, Cassel seemed destined to be a backup all his life. As Brady was helped off the field last September, Cassel seized the opportunity he'd been waiting for since high school.
In his only sustained action since his teens, he hit 349 of 555 passes for 3,949 yards at New England. He had 23 touchdown passes and 13 interceptions as the Patriots, who had gone unbeaten through the regular season the year before, finished 11-5 and out of the playoffs.
Chiefs general manager Scott Pioli, who had been Bill Belichick's assistant in New England, engineered the trade after the Patriots became convinced that Brady would recover fully from his knee operation.
"Since Matt arrived in Kansas City, he has embraced the team and the community," Pioli said. "His work ethic, his ability and competitive presence is what we expect from our players."

NFL Betting Lines

To visit this sportsbook go to MySportsbook.com for all your college football betting needs.