Jackson announces return to Lakers bench

Basketball Betting Lines

07/03/2009 - Los Angeles, CA (Sportsbook Betting Lines) - Los Angeles Lakers head coach Phil Jackson, fresh off a record 10th NBA Championship as a coach, announced on Friday he will return to the bench next year for a 10th season in LA and 19th as an NBA head coach.

There was some speculation that Jackson would either decide to retire or coach an abbrevaited schedule based on health concerns. Jackson discussed those scenarios late last month in an ESPN radio interview but later came to a decision along with general manager Mitch Kupchak to be all in or step away.

"After consulting with Lakers team internist Dr. John Moe, I feel confident that I can gainfully pursue an NBA season with another long playoff postseason. All things point to go!," Jackson said through a team release on Friday.

Jackson, who turns 64 in September, had cited health concerns as the sole reason behind any decision that would have had the Hall of Fame coach unable to fulfill the final year of his current contract. He agreed on a two-year extension in November, 2007 but since has felt the rigors of the road following a pair of hip replacement surgeries. The "Zen Master" specifically has addressed continued discomfort in his lower legs and cited longtime assistant Tex Winter's stroke last year as another reason to give pause to what will be a 19th year of coaching.

For Jackson, his 10th championship surpassed the legendary Red Auerbach for the most in history. Coaching his 300th career playoff game, Jackson also passed Bill Russell (11) for most titles won by a player/coach as LA finished off Orlando in Game 5 of the Finals last month. It was his fourth championship in Los Angeles, having previously guided Michael Jordan and the Chicago Bulls to six titles in the 1990s.

The announcement comes less than 24 hours after free agent forward Ron Artest reached a verbal agreement to join the Lakers next season. Artest announced on ESPN's SportsCenter in Los Angeles late Thursday that he is leaving the Rockets for LA and would play for the mid-level exception. The Los Angeles Times has reported the pact is for three years at close to $18 million.

No deal can be officially announced until July 8, per league rules.

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SPORTS BETTING - Tennis is an underrated and under-utilized bettors' sport.

Ten years ago, at just about this time, I called Alan Boston in Vegas and left him a voicemail that went something like this (abridged version): "Hey Alan, Chad Millman from ESPN The Magazine calling. I want to do a book about wise guys, you in?"

A couple weeks later I got a message back (abridged version): "I don't know, maybe," Boston said. "Call me and we'll talk about it. But not later today. I got $1,000 on Andre Agassi to win the French Open at 40-1, and he's in the finals."

Here's what happened next (abridged version): Agassi won his tourney. Boston won his $40,000. I wrote sportsbook.

In the ten years since, how much has been wagered on the big-time tennis events? Put it this way: The Nevada Gaming Commission doesn't even track the number year by year because it's so small.

"Tennis makes up about one-tenth of one percent of our take," says Lucky's bookmaking boss Jimmy Vaccaro. "The last big golf major we probably had $100,000 worth of bets. In tennis, we might have written two big tickets."

Tennis' lack of popularity amongst the American bettoratti is no surprise, really. For starters, the biggest sports betting holidays -- the Super Bowl, the NCAA tourney -- are must see TV. People, at least the degenerates I know, plan vacations around watching those events in Vegas sports books.

But Wimbledon? Doesn't exactly reel in the whales. "Seriously, it's the nuts as an event," says Boston. "But who even knows when it's on?"

Here's another reason that helps explain why golf gets traction, something I call "The Bubbe Theory." My Bubbe is pushing 95 and has cataracts so bad that, to her, even the most crystalline Chicago day is mostly cloudy. But she still listens to the Cubs games, and she still calls me in a fit if she disagrees with something Rick Telander writes in the Chicago Sun Times. She's a sports fan. If she doesn't know you, you're just filling a niche. And niche players, even historically good ones like Roger and Raf, don't drive betting volume. Only the highest profile names attract square money, which inflates wagering totals like a shot of saline to the lips. Bubbe, and the public, loved Agassi, tennis' last cross-the-rubicon, mainstream draw. She also has a crush on Tiger. She's given me standing orders to put a sawbuck on the big cat whenever I walk through a sports book (or mistakenly tap into one via my Internet machine.) That explains why the Masters is getting $100K in action at some books while the four tennis majors might not get that combined this year.

This isn't a case of tennis being a difficult sport to bet. In fact, in Europe, it's probably the second most popular sport for gambling after soccer. Granted, as the WSJ football betting last week and The Mag's Shaun Assael examined in even greater depth last year, that might be because gamblers across the pond see it as an easy game to fix. But it could also be because, over there it holds the kind of sway the big two do over here.

Street corners in Spain are peppered with public courts and kids doing their best Raffy impressions. In some war torn parts of Eastern Europe poverty-stricken kids view tennis as an escape route, like football or basketball here. A couple years ago The Mag's Lindsay Berra wrote a great piece about Belgrade's Jelena Jankovic, Ana Ivanovic and Novak Djokovic. They learned the game as kids while bombs were raining down on their homeland. They practiced in drained swimming pools. Not exactly Nick Bolletierri conditions.

In the United States, casual fans think tennis is played four times a year. But on the tightly packed European continent, national interest in homegrown talent runs deep every weekend. Of the ATP's current top 20 players, only two, tennis betting and James Blake, are American. Fourteen are from Europe, representing six different countries.

No wonder fans from Lisbon to Bhudapest get jacked up for the net game, whether it's Wimbledon or a low-level tourney like the Estoril Open in Portugal (congrats to Spain's Albert Montanes for winning that one, btw). Chances are good that someone representing their flag will not only be playing, but have a shot at winning.

And that's all any bettor can ask for.

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