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Dylan Moses getting $12M insurance payout.
Posted on 5/3/21 at 10:13 am
Posted on 5/3/21 at 10:13 am
quote:
Dylan Moses will be getting paid around $12M after a “loss of value" claim against an insurance carrier.
Nice for the young man. Hopefully he can get healthy
10
Posted on 5/3/21 at 10:14 am to mistaken4193
A big middle finger to all of his haters 
Posted on 5/3/21 at 10:17 am to mistaken4193
How much did that policy cost?
Posted on 5/3/21 at 10:18 am to mistaken4193
You're getting that from a twitter post from a guy named Mike?
Posted on 5/3/21 at 10:23 am to JoseyWalesTheOutlaw
He is legit. He post stuff all the time and is correct. I think he works in the athletic department or something
This post was edited on 5/3/21 at 10:25 am
Posted on 5/3/21 at 10:30 am to mistaken4193
This sounds really, really unlikely unless this is a whole new chapter in those policies.
Saban has been on record that Bama doesn't help with Loss of Value policies. Per the attached article, $12 Million is in excess of the max policies offered.
They cost about 10K per million so maybe his dad was ponying up $120K per year for this but maybe not?
Also, insurance companies make it really tough to collect max reward.
Alabama Loss of Value Policies
Saban has been on record that Bama doesn't help with Loss of Value policies. Per the attached article, $12 Million is in excess of the max policies offered.
They cost about 10K per million so maybe his dad was ponying up $120K per year for this but maybe not?
Also, insurance companies make it really tough to collect max reward.
Alabama Loss of Value Policies
quote:
Only a handful of players have actually collected on loss-of-value claims.
And the next player to collect more than $3 million from a loss-of-value claim will be the first.
Most don’t come anywhere close to that number.
Players have to prove that the one specific injury is the sole reason they slipped in the draft.
That’s not easy.
“The loss-of-value is very challenging to collect on,” Alabama athletic director Greg Byrne told AL.com.
This post was edited on 5/3/21 at 10:32 am
Posted on 5/3/21 at 10:32 am to C Nite
quote:
big middle finger to all of his haters
Explain.
Posted on 5/3/21 at 10:34 am to Windy City
quote:
Saban has been on record that Bama doesn't help with Loss of Value policies
I am pretty sure Alabama pays for those premiums. Didnt Moses' dad even get in the negotiations to get him back with the LOV policies
Posted on 5/3/21 at 10:36 am to mistaken4193
I hope He gets it. I read An article about how fricked these claims can be.
Posted on 5/3/21 at 10:38 am to C Nite
quote:
A big middle finger to all of his haters
by proving that he wasn't as valuable originally thought?
Posted on 5/3/21 at 10:40 am to NYCAuburn
quote:
I am pretty sure Alabama pays for those premiums. Didnt Moses' dad even get in the negotiations to get him back with the LOV policies
That whole article is Greg Byrne and others explaining why they don't pay those premiums and instead offer longer term disability policies.
quote:
As noted in the Action Network article, Alabama is among the schools that doesn’t purchase loss-of-value coverage.
It was discussed a lot with Tua as he did not have a policy in place. He ended up getting drafted anyway in the first.
I know Moses's dad did a lot of social media talking but that was well after his knee injury and likely impairment of his draft status. Who knows though.
Also, I can't imagine an insurance company just cutting the check without some sort of internal deliberation. We are just a few days removed from the draft. Nothing moves that fast in the insurance world.
Posted on 5/3/21 at 10:44 am to mistaken4193
His Highness has collected
Posted on 5/3/21 at 10:48 am to SummerOfGeorge
So you're confirming this amount is correct and has been actually paid to #32?
Posted on 5/3/21 at 10:50 am to JoseyWalesTheOutlaw
No I'm just making a joke about the Lords of London
Posted on 5/3/21 at 11:03 am to mistaken4193
Saban should pay him that 12
Posted on 5/3/21 at 11:06 am to C Nite
Yes that was the plan all along. Play your Sr year and be a bust in the Draft.
Posted on 5/3/21 at 11:07 am to mistaken4193
Let me know when he actually gets that check
Posted on 5/3/21 at 11:12 am to Irons Puppet
quote:
Yes that was the plan all along. Play your Sr year and be a bust in the Draft.
1. Play Senior year
2. Show teams you can jump on a pile after the whistle has been blown
3. Consistently finish games with clean jersey
4. Collect insurance claim
Posted on 5/3/21 at 11:16 am to SummerOfGeorge
quote:
No I'm just making a joke about the Lords of London
Lloyds *
Posted on 5/3/21 at 11:17 am to Irons Puppet
Your cow college has had 7 1st round selection since 2007. Not bad.
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