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re: Bryce Young and Will Anderson playing in the Sugar Bowl
Posted on 12/17/22 at 10:46 am to tigerskin
Posted on 12/17/22 at 10:46 am to tigerskin
quote:
Saban is lying to those poor kids. They aren’t creating value for themselves playing against Kansas State in the bowl game. Scouts have seen them both play plenty enough games to know where they have them slotted.
The kids are getting paid to play.
And probably are provided 100% indemnification with insurance on injury.
There isn't a financial downside to playing.
They love to compete. They love to win. Bama is happy to provide this to their best 2 players to see them go out one last time as winners.
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Posted on 12/17/22 at 10:52 am to coachcrisp
quote:
That makes them old fashioned in a lot of ways, but I sort of respect that.”
I respect them too, and hope it works out well for both of them. would like for this to be the beginning of reversing the opt out problem.
Posted on 12/17/22 at 11:02 am to meansonny
quote:
There isn't a financial downside to playing.
Eh….of course Jameson Williams was playing in National Championship but there was definitely a downside. Would have been even moreso in a meaningless bowl game
This post was edited on 12/17/22 at 11:04 am
Posted on 12/17/22 at 11:07 am to tigerskin
quote:
Eh….of course Jameson Williams was playing in National Championship but there was definitely a downside. Would have been even moreso in a meaningless bowl game
You just missed everything I typed.
Or don't understand big words.
No financial downside.
Posted on 12/17/22 at 11:09 am to meansonny
Yeah, insurance companies just love giving away millions of dollars and never fight that.
What is the fine print? Is it just for career ending? You know for sure where they would have been drafted before and after the injury?
What is the fine print? Is it just for career ending? You know for sure where they would have been drafted before and after the injury?
This post was edited on 12/17/22 at 11:12 am
Posted on 12/17/22 at 11:15 am to tigerskin
quote:
but there was definitely a downside
Poor Jame-o, he was only taken 12th when he the highest a receiver was taken was 8th.
I'm not quite sure you're making the point you think you're making.
Posted on 12/17/22 at 11:17 am to TouchdownTony
quote:
I would have liked to see Bama use this as a practice game going into next year
I'd like to see that too.
Posted on 12/17/22 at 11:18 am to tigerskin
quote:
Yeah, insurance companies just love giving away millions of dollars and never fight that.
What is the fine print? Is it just for career ending? You know for sure where they would have been drafted before and after the injury?
It probably works like this.
1) it is probably a combination of Lloyd's insurance and private ( Booster related).
2) it is a $40M guarantee on the first contract. Any named injury that results in less than $40M on first draft contract gets paid by the insurance and balance by booster(s).
If you are worried about a career ending injury, that can happen on the car ride to the stadium for Tuesday practice. If it happens, it happens and could happen any time.
But that first contract value is estimated and the insurance and boosters are fully vested.
If they can offload a majority of that risk through Lloyd's, they will. Whatever isn't will be eaten if the injury occurs.
Posted on 12/17/22 at 11:18 am to SummerOfGeorge
I really hope the state of Kansas sweeps the SEC
Posted on 12/17/22 at 11:20 am to Gideon Swashbuckler
quote:
Poor Jame-o, he was only taken 12th when he the highest a receiver was taken was 8th. I'm not quite sure you're making the point you think you're making.
8. Southern Cal wide receiver Drake London, Falcons: $23,691,980
12. Alabama wide receiver Jameson Williams, Lions: $19,121,660
Yeah…just a measly 4.5 million dollar “no risk”
I KNOW that I am most definitely making the point that I am making
Again, good luck relying on the insurance company to not fight it.
Gulf Coast residents no far too well about no risk insurance policies
This post was edited on 12/17/22 at 11:42 am
Posted on 12/17/22 at 11:22 am to tigerskin
quote:
Yeah…just a measly 4.5 million dollar “no risk”
I KNOW that I am most definitely making the point that I am making
Lloyd's probably covered 80% of that.
I'm sure boosters can ante up a reserve fund to meet the difference if it happens for Bryce or Will.
Insurance isn't arguing over an ACL.
Posted on 12/17/22 at 11:26 am to meansonny
quote:
Lloyd's probably covered 80% of that.
I don’t believe he had an insurance policy as it hasn’t been stated anywhere that he did. So no telling
Posted on 12/17/22 at 11:41 am to tigerskin
quote:
I don’t believe he had an insurance policy as it hasn’t been stated anywhere that he did. So no telling
You're right. They usually list those insurance policies on the US stock exchange.
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