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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Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.

Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.

MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.

"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."

Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com

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