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Piniella to retire at the end of the season

Baseball Betting Lines

07/20/2010 - Chicago, IL (Sportsbook Betting Lines) - Chicago Cubs manager Lou Piniella has decided to retire at the conclusion of the 2010 season.

Piniella is in his fourth season as Cubs manager. He guided the club to a winning record in each of his first three years, but the team is just 42-52 entering Tuesday's game against Houston.

"Why make this announcement now?" Piniella said in a statement released by the team. "[General manager] Jim Hendry asked me in recent weeks regarding my future with the team and I told him I had made the decision to retire at the end of the season. Since my decision has now been made, I don't want to mislead anyone about my intentions when asked about the future."

Piniella is the first Cubs manager in more than 70 years to post a record of .500 or better in each of his first three seasons with the team. He led the Cubs to NL Central titles in 2007 and 2008, but the team was swept in the Division Series both years.

"I couldn't be more appreciative of the Cubs organization for providing me the opportunity to manage this ballclub," said Piniella. "I've had four wonderful years here that I wouldn't trade for anything in the world. I've grown to love the city and the fans but at my age [67 at the end of the season] it will be time to enter a new phase in my life. It will enable me to spend more valuable time with my family -- my wife, my kids and my grandchildren. God has blessed me to have been able to work this many years in the game that I love."

Piniella is one of only five managers to win at least three Manager of the Year awards, including 2008 with the Cubs. He has 1,826 career wins as a skipper entering Tuesday's contest.

Before the Cubs, Piniella also managed the New York Yankees, Cincinnati Reds, Seattle Mariners and Tampa Bay. He earned AL Manager of the Year honors with Seattle in 1995 and 2001, and won a World Series title with the Reds in 1990.

"Announcing my decision now is what's best for this organization in the long run," Piniella added. "It gives Jim Hendry ample time to find the next manager and he doesn't need to do so in secrecy. The Cubs are one of the greatest organizations in baseball. I care very deeply for this organization and want nothing more than for it to experience present and long-term success. I'm proud of our accomplishments during my time here and this will be a perfect way for me to end my career.

"But let me make one thing perfectly clear: our work is far from over. I want to keep the momentum going more than anything else and win as many games as we can to get back in this pennant race. I'm going to give every effort I have to help this team win and that will remain my sole focus through the rest of the season."

The Cubs have not won a World Series since 1908 and haven't reached the Fall Classic since 1945.


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Academy Award Betting Odds for Best Picture Offer Great Value

If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture.  Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).

For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot.  The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.

TV Guide advises Oscar watchers should be cautioned not to discount the  drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.

"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,'  it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."

"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.

Who is to say independently produced Little Miss Sunshine won't be this year's Crash.  Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win. 

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