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.

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It's less than a month until the NHL hockey betting season opens at MySportsbook.com and preparations are underway for another battle in the race to hoist Lord Stanley's mug in 2007.

As cup crazy fans prepare to place their bets, one online sportsbook ,MySportsbook.com, is offering hockey betting lines on the 2007/2007 Stanley Cup , who will bring it home this upcoming season.

Despite a poor showing in last season's playoffs and the loss of Steve Yzerman to retirement, the Detroit Red Wings are early favourites at this online sportsbook with wagering odds of 6-1. The Wings will look to offensive powerhouse Pavel Datsyuk and newly appointed captain Nicklas Lidstrom to lead one of the league's most prominent franchises.

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Also worth noting are the defending Stanley Cup champs Carolina Hurricanes, a 10-1 bet to repeat. Behind the Canes are the New Jersey Devils, Calgary Flames, Buffalo Sabres, Philadelphia Flyers, and Anaheim Mighty Ducks all sit at 12-1. In the basement are the Washington Capitals, Chicago Blackhawks, and St. Louis Blues who all have 100-1 odds to win.

To visit this online sportsbook got to MySportsbook.com for all your hockey betting needs.