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Fredette has an insurance policy

by CougarClaw · 11/13/2010

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CougarClaw
And he can't talk about it.



according to j Drew. I wonder what the premiums on something like that is and who picks that up? Also, does that fact Jimmer missed a few games from the dreaded kissing disease and stomach flus influence any of that.
M
Mars


If he gets hurt bad enough that he can never play in the NBA, it pays out a million dollars.
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craigoscarson
He doesn't pay a thing. The NCAA/NBA handle it and take it out of his future checks (benefits the NCAA to have those stars come back to school anyhow). They only offer this to kids that they believe are a lock to play professional ball.
Y
YBrit
Mars wrote:


If he gets hurt bad enough that he can never play in the NBA, it pays out a million dollars.




Sadly like cars if something does break it won't cover it.







Well, mono isn't covered anyways.







Jimmer is my Hero
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Cougs_Rule
Mars wrote:


If he gets hurt bad enough that he can never play in the NBA, it pays out a million dollars.


Has to be more than 1 mil. But i'm guessing. Mars, have you heard an actual figure? I guess if the NCAA pays for it, the terms are probably set (and published) and not dependent on star power, which would be subjective at this point in a player's career.

I would be seriously surprised if he doesnt have a separate, private insurance policy as well.
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Mars
dmcougar wrote:
Has to be more than 1 mil. But i'm guessing. Mars, have you heard an actual figure? I guess if the NCAA pays for it, the terms are probably set (and published) and not dependent on star power, which would be subjective at this point in a player's career. I would be seriously surprised if he doesnt have a separate, private insurance policy as well.

The figure is "low seven digits".

I think the actual amount IS dependent on star power, based on a recommendation by a panel of neutral parties on exactly where the player is expected to be taken in the 1st round.

The NCAA policy makes sense, because student-athletes are covered for free, to avoid any agent involvement. Once they make the NBA, then they pay a set fee for the last year of insurance.

That's why private insurance doesn't seem likely. The kids are already covered for millions, without having to shell out $10,000 out of pocket. Great deal. Win-win-win-win for everyone.
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