NFL gives 49ers $200 million loan for new stadium

Football Betting Lines

02/02/2012 - Indianapolis, IN (Sportsbook Betting Lines) - NFL owners approved a $200 million loan on Thursday to help the San Francisco 49ers build a new stadium in Santa Clara.

In December, the Santa Clara Stadium Authority unanimously approved an $850 million construction loan for the stadium, which will cost approximately $1.02 billion. The rest of the cost will be covered by a hotel tax and Santa Clara's redevelopment funds.

With Thursday's loan from the NFL, the official groundbreaking could happen as early as the first quarter of this year.

"With the NFL's muscle now behind the new stadium, we are moving forward," said Jed York, CEO of the 49ers. "I expect an official groundbreaking ceremony very soon. Get your hard hats ready; we are embarking on the path to the next generation of 49ers football."

The 49ers' headquarters and training facility are currently located in Santa Clara. The team currently plays its home games at Candlestick Park, which was built in 1958. It's located on the western shore of the San Francisco Bay and has been home to the team since 1971.

The 1.85 million square foot facility will seat approximately 68,500 and feature an expected 165 luxury suites and 9,000 club seats.

The 49ers are the first franchise to receive support from the so-called "new stadium fund" that was crafted in the league's new collective bargaining agreement.

"Today's vote is an important milestone for the 49ers and their fans," said NFL Commissioner Roger Goodell. "It is a solid endorsement that adds to the strong support of the South Bay community. This step will allow the 49ers to move forward toward making the dream of a new stadium a reality."

The new stadium is expected to be built by 2015.

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Super Bowl 2009 Betting

Super Bowl 2009 Betting propositions

Underdog bettors love the Super Bowl and, history suggests, the underdogs love them back. And the big dogs bite harder.

Even so, there is a warning in store for Super Bowl gamblers who must love dogs: The Arizona Cardinals Super Bowl betting lines might not be enough of a Cinderella to make it worth your while.

Although the Cardinals were widely panned as one of the worst division winners and least playoff-worthy teams in recent memory, their trip to Super Bowl XLIII Jan. 31 in Tampa against the Pittsburgh Steelers Super Bowl betting lines comes with a little more respect from the oddsmakers than you might imagine. They are a 7-point underdog at most sports books.

If you count yourself among those who covet the big dog in the big game, this isn’t exactly great news. You should have been hoping for more points. This is because the facts show that the bigger the dog, the better the bet in the Super Bowl.

Case in point: Over the past 13 seasons, double-figure underdogs in the Super Bowl are 4-0-1 ATS and have won the past three outright. In fact, the last double-digit chalk to do the deed for bettors was the 1995 San Francisco 49ers, who managed to beat the astounding 19-point spot afforded backers of the San Diego Chargers in the 49-26 romp in Super Bowl XXIX.

By contrast, 7-point favorites are 2-1-1 ATS in the same span, the last such contest resulting a cover grinded out by the Colts in their 29-17 win over the Bears two seasons ago in Super Bowl XLI.

In 2004, the Patriots failed to cover the number in their 32-29 triumph over the Carolina Panthers in Super Bowl props while the Rams and Titans gave everyone a refund in 2000 after the Rams posted a 23-16 win as a seven-point favorite.

So while Arizona’s run has included impressive upsets as a 10-point road underdog to the Carolina Panthers and Sunday’s 32-25 win in the NFC championship game to the 4-point favored Philadelphia Eagles, their long-shot story lacks a bit of the David vs. Goliath storyline of past Super Bowl underdogs.

While the seven-point spread represents a significant gap in the perception of strength between the two teams, it is far from monumental. For example, last season the Giants were the wild-card afterthought turned road-warrior buzzsaw, with stunning wins over the Buccaneers, Cowboys and Packers to earn their place in the Super Bowl.

There, they played spoiler to New England’s bid to become the first 19-0 team in NFL history and cemented their place in sports betting lore with a 17-14 win as a 12.5-point underdog.

In other words, the Cardinals appear to have their work cut out for them as a mid-range underdog. But in homage to the spread beaters who have come before them, here is a brief look back at recent colossal upsets in the Super Bowl:

SB XLII -- 2008 -- New York Giants 17, New England Patriots 14 (Giants +12.5) – Eli Manning’s 13-yard touchdown pass to Plaxico Burress in the final minute clinched the historic upset for the Giants, who used a masterful defensive plan to slow down Tom Brady and the previously undefeated New England Patriots.

XXXVI -- 2002 -- Patriots 20, Rams 17 (Patriots +14) – This was the coming out party for the aforementioned Brady, who went from obscure sixth-round draft pick to Super Bowl hero in one fell swoop. He led the game-winning drive in the final minute – eschewing analyst John Madden’s advice to take a knee and play for overtime – leading to Adam Vinatieri’s memorable 48-yard field goal that split the uprights as time expired.

XXXII 1998 Broncos 31, Packers 24 (Denver +12) – The first of John Elway’s two consecutive Super Bowl titles to put an end to his Hall of Fame career was an upset for the ages. The Broncos used the determination of Elway and a 157-yard, three-touchdown performance from Terrell Davis to turn back Brett Favre and the heavily favored Packers.

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