Report: Artest joining Lakers

Basketball Betting Lines

07/02/2009 - Los Angeles, CA (Sportsbook Betting Lines) - Free agent forward Ron Artest is reportedly leaving the Houston Rockets to join the Los Angeles Lakers and will provide the team with more offensive firepower next season, as he'll join Kobe Bryant and Pau Gasol on the defending NBA champions.

Artest told CBSsports.com via text message he was in Los Angeles to join the Lakers and didn't "care about the money" and that he would "play there for nothing."

According to the Los Angeles Times, the Lakers could finalize a deal with the 29-year-old that will pay him the full mid-level exception, possibly $32 million over five seasons. It would represent a pay cut after Artest made $7.4 million last season.

Even if the two sides were to reach an agreement soon, no deal could be officially announced until July 8, per league rules.

The Thursday news regarding Artest came on the same day another superstar had an introductory press conference. Ex-Laker Shaquille O'Neal met the media in Cleveland and said he wanted to "win a ring for The King" in reference to his new pairing with reigning MVP LeBron James.

Artest spent last season with the Rockets, helping Houston get to the conference semifinals for the first time since 1996-97. After spending three seasons in Sacramento, Artest averaged 17.1 points, 5.2 rebounds and 3.3 assists in 69 regular season contests with Houston.

For his career, spanning 12 seasons, Artest has game averages of 16.1 points, 5.1 rebounds and 3.2 assists with Chicago, Indiana, Sacramento and Houston. He has also established himself as one of the top-flight defenders in the league.

In another twist, the man Artest would replace in the lineup -- Trevor Ariza -- reportedly was offered a contract by the Rockets. The LA Times reported that Ariza, who was instrumental in the Lakers' playoff run to the title, was offered a contract near the value of the mid-level exception.

Ariza averaged 11.3 points per game in the postseason after posting 8.9 points per game in the regular season. His career scoring average is 6.9 points.

Cbssportdline Basketball Betting News

<< Angels come to terms with first-round pick
Anaheim, CA (Sportsbook Betting Lines) - The Los Angeles Angels of Anaheim came to terms on a minor league contract with outfielder Michael Trout, the 25th overall pick in the 2009 First-Year Player Draft. Trout, who played his high school ball

<< Holy Cross tabs Kearney to replace Willard
Worcester, MA (Sportsbook Betting Lines) - Holy Cross named Sean Kearney its new head men's basketball coach on Thursday. Kearney, who becomes the 15th head coach in the history of the program, replaces Ralph Willard who resigned last mo

<< Astros swarm Padres; bees delay game
San Diego, CA (Sportsbook Betting Lines) - Wandy Rodriguez threw seven strong innings to help the Houston Astros take a 7-2 win over the San Diego Padres in an unusual finale of a four-game set. Rodriguez (7-6) gave up just one run on seven hits w

<< CFL's Bruce fined for Michael Jackson celebration
Mississauga, ON (Sportsbook Betting Lines) - Toronto Argonauts All-Star wide receiver Arland Bruce III was fined an undisclosed amount for a celebration tribute to Michael Jackson in the team's victory over Hamilton on Wednesday. After scoring a

<< Pressel among Jamie Farr leaders
Sylvania, OH (Sportsbook Betting Lines) - Morgan Pressel, Laura Diaz and Song-Hee Kim each fired rounds of seven-under 64 on Thursday to share the opening-round lead of the Jamie Farr Owens Corning Classic. Suzann Pettersen and Michelle Wie ar

Cubs reliever Cotts has Tommy John surgery >>
Chicago, IL (Sportsbook Betting Lines) - Chicago Cubs relief pitcher Neal Cotts underwent Tommy John surgery on Thursday and will be sidelined indefinitely. Cotts was 0-2 this season with a 7.36 earned run average before being demoted to Tri

Wellemeyer pitches Cardinals over Giants >>
St. Louis, MO (Sportsbook Betting Lines) - Todd Wellemeyer threw 7 1/3 innings to help the St. Louis Cardinals take a 5-2 win over the San Francisco Giants and split a four-game series. Wellemeyer (7-7) scattered seven hits and two runs with a

Diaz helps Braves slip past slumping Phils >>
Atlanta, GA (Sportsbook Betting Lines) - Matt Diaz belted a go-ahead RBI double in a three-run eighth, as the Atlanta Braves recorded their first home sweep of the Phillies since 2005 with a 5-2 victory at Turner Field. Garret Anderson added a t

Mayfield a no-show at Daytona >>
Daytona Beach, FL (Sportsbook Betting Lines) - Sprint Cup Series driver and team owner Jeremy Mayfield was not present at Daytona International Speedway on Thursday, one day after a federal judge granted him a temporary injunction to race again,

Stockton and Gates lead Edmonton Open >>
Edmonton, AB (Sportsbook Betting Lines) - Brady Stockton and Robert Gates both fired rounds of seven-under 65 on Thursday to share the first-round lead of the Edmonton Open. Liam Kendregan and Jon Turcott both shot 66s in round one and ar

Mayweather picked to beat De La Hoya
LAS VEGAS, NEVADA -- Golden Boy Oscar De La Hoya and his rival Floyd Mayweather Jr. arrived at the MGM Grand here Wednesday amid the pomp and pandemonium befitting two of the biggest stars in the sport who are about to duke it out for the WBC super welterweight crown this Saturday (Sunday in Manila).

As of Wednesday, MySportsbook.com closed its book with Mayweather a favorite to defeat De La Hoya at -170 (a $100 bet wins $70), while De La Hoya is a +140 underdog (a $100 bet wins $140).

Mayweather arrived at about 11:30 a.m. on a big truck with his face and a big "World's Best Pound-for-Pound" sign scribbled across the vehicle. He was accompanied by his entourage made up of rappers and his training team.

A crowd of close to 3,000 eager fans packed the MGM Grand lobby, with their cameras in tow, all trying to vie for position to get a good angle at Mayweather, who is acknowledged as the world's best fighter pound-for-pound.

Eric Gomez, Golden Boy Promotions vice-president, described the fan turnout as "amazing" and swore he had never seen anything quite like this event.

"The crowd was fantastic. Everybody was just too eager to see the two fighters," said ALA manager Michael Aldeguer, who was among those who waited at the lobby together with his ward Rey "Boom Boom" Bautista and AJ Banal.

De La Hoya made his own grand entrance at the hotel lobby at around 12:30 p.m. accompanied by GBP chief executive officer Richard Schaefer and trainer Freddie Roach.

The same group of fans who trooped to see Mayweather also lingered around to get a close look at De La Hoya, who has been secretly working out at a Las Vegas gym for days after arriving from his main training camp in Puerto Rico.

The golden boy then took part in a closed-door afternoon workout with Bautista and Banal. The two, along with Aldeguer and wife Christine, as well as an HBO crew were the only ones allowed inside the gym.

De La Hoya and Mayweather take part in today's final press conference before the official weigh-in this Friday.

Ring Magazine, the acknowledged bible of boxing, reported in its June 2007 issue that 12 out of 20 boxing experts it interviewed have favored Mayweather to defeat De la Hoya, with only 8 favoring the latter.

But Filipino ring icon Manny Pacquiao said in a recent interview with The Freeman's Emmanuel Villaruel that De La Hoya will win by unanimous decision over Mayweather.

To visit this online sportsbook got to MySportsbook.com for all your bet on boxing needs.