Parting shots from Maggs

[Steff]

Sports athletes can even purchase  disability insurance on projected future earnings! 

 

2003: McGhee took out a 2.5M DL insur policy with Loyd's of London before the Fiesta Bowl game.  It cost him far less than 10K per 1M avg rate because it was only insuring him for about 4mo.  From the Fiesta bowl to the NFL draft.

 

 

 

Why do you keep talking about football?

[Soxbadger]

Mcgahee at the time was also 100%, no pre-existing condition, and was only being insured for 4 months.

 

Had Mcgahee tried to get insunace after his knee was blown out in the Fiesta Bowl....

 

 

SB

[JUGGERNAUT]

Why do you keep talking about football? 

<{POST_SNAPBACK}>

 

I can not find a source for MLB. But I did find a source for college baseball.

The premium cost is 1/2 that of college football. So if the avg for college football is 10K per 1M the avg for college baseball is 5K for 1M.

 

As you pointed out the condition for Belle was detected prior to the signing of the contract & though he was cleared to play it was still considered a chronic condition at the time. The same applies for Gonzo.

 

We are all speculating as to Maggs health on this. Maggs says he expects to be 75-80% by ST. That's perfectly reasonable giving his down time since June, 04. That's not a statement reflecting his current health status. it's a statement reflecting his ability to perform. I have read another statement where he has stated he expects to be 100% by the season opener.

 

The point here is that there is no indication Maggs knee problem is a chronic one.

I can't believe Illich would be dumb enough to offer a 105/7 deal if it was. So common sense tells me it's not. But since the bone edema thing is rare in MLB & there isn't much case history to go on it makes sense to be overtly cautious.

 

A better analogy for all of this would be I-Rod since he had a knee problem as well.

Maybe some one can find the insurance details surrounding his contract.

[Steff]

I can not find a source for MLB. 

 

 

Maybe you should then, or stop comparing them.

 

As you pointed out the condition for Belle was detected prior to the signing of the contract & though he was cleared to play it was still considered a chronic condition at the time.  The same applies for Gonzo

 

No.. it was not chronic. I don't know anything about Gonzo's medical records, so I can not comment.

[JUGGERNAUT]

Steff if you want to believe that it would cost the Sox 6M for disability insurance on Ordonez 12M/1yr deal go right ahead. But you have yet to convince me.

 

I have an uncle who deals exclusively with DL insurance & he says that preposterous. He mentioned X-games athletes are a higher risk than NFL (news to me) & that even the rights they pay are no where close to 50% of the value of the contract.

 

So belief what you want. As for the latest quote,

Boras, ""Their doctors have talked with Magglio's doctors. They're certainly comfortable he'll be ready to go by spring training."

[ptatc]

Does Maggs have a specialized form of edema? I thought this was temporary and could be cured?

 

From the Intelihealth site

Of course most people are not professional athletes.

 

This injury is not the common type of edema from your definition. Your definition is the common soft tissue edema from a bruise or a sprained ankle. Maggs had edmea in the bone. The bone cannot swell up like soft tissue so it builds up pressure exapnds in the bone marrow and cuts off the blood supply. The main problem with Maggs is that the bone could have begun to die from a lack of blood supply. This is called avascular necrosis. The difficult thing to predict is that was the edema there long enough to cause permanent damage. The purpose of the "shock wave" therapy he had in Austria was to induce microtrauma into the bone to make it bleed a little and hopefully restore the blood supply. We do not know how effective it is for this condition because as stated earlier there is not much research for efficacy of this treatment for this injury because it is a rare injury.

[Guest JimH]

This injury is not the common type of edema from your definition. Your definition is the common soft tissue edema from a bruise or a sprained ankle. Maggs had edmea in the bone. The bone cannot swell up like soft tissue so it builds up pressure exapnds in the bone marrow and cuts off the blood supply. The main problem with Maggs is that the bone could have begun to die from a lack of blood supply. This is called avascular necrosis. The difficult thing to predict is that was the edema there long enough to cause permanent damage. The purpose of the "shock wave" therapy he had in Austria was to induce microtrauma into the bone to make it bleed a little and hopefully restore the blood supply. We do not know how effective it is for this condition because as stated earlier there is not much research for efficacy of this treatment for this injury because it is a rare injury.

<{POST_SNAPBACK}>

 

I thought I'd read the term avascular necrosis specifically diagnosed in Ordonez's case?

[Steff]

Steff if you want to believe that it would cost the Sox 6M for disability insurance on Ordonez 12M/1yr deal go right ahead.  But you have yet to convince me. 

 

I have an uncle who deals exclusively with DL insurance & he says that preposterous. He mentioned X-games athletes are a higher risk than NFL (news to me) & that even the rights they pay are no where close to 50% of the value of the contract. 

 

So belief what you want.  As for the latest quote,

Boras, ""Their doctors have talked with Magglio's doctors. They're certainly comfortable he'll be ready to go by spring training."

 

 

I don't want you to do anything. Besides.. I don't think the voices allow you much free time.

 

I'm not here to convince people of anything. I shared what I was told. Don't like it.. oh well.

 

 

All of a sudden you have an uncle in the business.. yet you spent the entire afternoon looking for some sort of information to support your cause.. :rolly

[Steff]

This injury is not the common type of edema from your definition. Your definition is the common soft tissue edema from a bruise or a sprained ankle. Maggs had edmea in the bone. The bone cannot swell up like soft tissue so it builds up pressure exapnds in the bone marrow and cuts off the blood supply. The main problem with Maggs is that the bone could have begun to die from a lack of blood supply. This is called avascular necrosis. The difficult thing to predict is that was the edema there long enough to cause permanent damage. The purpose of the "shock wave" therapy he had in Austria was to induce microtrauma into the bone to make it bleed a little and hopefully restore the blood supply. We do not know how effective it is for this condition because as stated earlier there is not much research for efficacy of this treatment for this injury because it is a rare injury.

 

But he's gonna be juuuuust fine.

 

Thanks for the details ptatc.

[JUGGERNAUT]

I don't want you to do anything. Besides.. I don't think the voices allow you much free time. 

 

I'm not here to convince people of anything. I shared what I was told. Don't like it.. oh well.

All of a sudden you have an uncle in the business.. yet you spent the entire afternoon looking for some sort of information to support your cause..  :rolly

<{POST_SNAPBACK}>

 

Wrong again. I was looking for MLB information. Not general information. He's been in the personal disability insurance business for over 10 yrs.

 

As I said in the other thread I'm done with Maggs. After discussing it at dinner time we agree that he lacks sincerity in his words. I'm not going to call him a liar but common sense leans to KW being more truthful. KW alleges the 58/4 deal was still on the table in Jul. If Maggs was leaning towards accepting arbitration over a 105/7 deal from a team like the Tigs then he could have had the Sox restructure the contract so that each yr was a player option yr. I think the Sox would have been more than happy to structure it that way. Doing this would have paid him more in 05 than arbitration.

[Steff]

Wrong again.  I was looking for MLB information.  Not general information.  He's been in the personal disability insurance business for over 10 yrs. 

 

As I said in the other thread I'm done with Maggs.  After discussing it at dinner time we agree that he lacks sincerity in his words.  I'm not going to call him a liar but common sense leans to KW being more truthful.  KW alleges the 58/4 deal was still on the table in Jul.  If Maggs was leaning towards accepting arbitration over a 105/7 deal from a team like the Tigs then he could have had the Sox restructure the contract so that each yr was a player option yr.  I think the Sox would have been more than happy to structure it that way.  Doing this would have paid him more in 05 than arbitration.

 

I didn't say what you were looking for.. so I guess I was right.

 

 

The deal was 60/4 - all cash from JR's mouth... Just wanted to correct that item.

[bigredrudy]

I thought the final deal for Maggs was 6o/5 or 12000 per year.

[Steff]

I thought the final deal for Maggs was 6o/5 or 12000 per year.

 

 

I thought it was for 4 years.. he wanted 5 and that's where the 70 million with it deferred for 2 years came into play..?

[bigredrudy]

Read the main story on the Sox website. JR is quoted in the story as saying it was 60/5 and it was all cash. Check it out.

[Steff]

Read the main story on the Sox website. JR is quoted in the story as saying it was 60/5 and it was all cash. Check it out.

 

I knew it was 60 cash. Thanks.

[JUGGERNAUT]

KW quotes: "We offered him $60 million -- and all cash -- before he got hurt, and after he was hurt, we offered him the same and he turned it down.

We had to go on our way, and once he became a free agent, they stopped giving us information. I hope he's OK. I hope he can play. I also hope he doesn't hurt us."

 

He doesn't mention yrs. I think he's rounded it off from the 58/4 deal that was confirmed last summer. The 70/5 was never confirmed. That was a NY Post rumor.

[Steff]

KW quotes: "We offered him $60 million -- and all cash -- before he got hurt, and after he was hurt, we offered him the same and he turned it down.

We had to go on our way, and once he became a free agent, they stopped giving us information. I hope he's OK. I hope he can play. I also hope he doesn't hurt us."

 

He doesn't mention yrs.  I think he's rounded it off from the 58/4 deal that was confirmed last summer.  The 70/5 was never confirmed.  That was a NY Post rumor.

 

 

JR quotes. And you're right.. years are not mentioned.

[JUGGERNAUT]

http://chicago.whitesox.mlb.com/NASApp/mlb...s_cws&fext=.jsp

This link supports the 58/4 deal. Then of course Maggs denied the report in the NY Post that he turned down a 70/5 deal.

 

http://chicago.whitesox.mlb.com/NASApp/mlb...s_cws&fext=.jsp

That's the last of the talks.

 

http://chicago.whitesox.mlb.com/NASApp/mlb...s_cws&fext=.jsp

The Thomas-Weil-Schaden-Ordonez connection.

 

That last article really leaves you shaking your head as to why Ordonez didn't just thank the Sox & Thomas in particular for steering him in the right direction to have a chance to play this year. He really owes a lot to Frank for getting involved during the off-season.

[bigredrudy]

I made a mistake. The JR quote does not mention years just the amount of money.But I do not think JR would offer Maggs 15 million per year. I think the offer was 12 million per year-no deferred-all cash on the barrelhead.

[YASNY]

I made a mistake. The JR quote does not mention years just the amount of money.But I do not think JR would offer Maggs 15 million per year. I think the offer was 12 million per year-no deferred-all cash on the barrelhead.

 

Basically, that is an assumption on your part. We don't know if the offer was 4 years or 5.

[Texsox]

I thought it was for 4 years.. he wanted 5 and that's where the 70 million with it deferred for 2 years came into play..? 

 

The 70 was defered but much longer than 2 years which was the sticky point. That was also before Maggs brought in Boras. He brought in Boras after the injury, and in hindsight was a smart move. Boras had done a similar contract with I-Rod.

[Steff]

The 70 was defered but much longer than 2 years which was the sticky point. That was also before Maggs brought in Boras.  He brought in Boras after the injury, and in hindsight was a smart move. Boras had done a similar contract with I-Rod.

 

 

You got a link for that..? I was told year 4 and 5 had deferments of 2 years.

 

Boras was brought on board loooong before Maggs was injured. Just wasn't announced until much later.

[Guest JimH]

I made a mistake. The JR quote does not mention years just the amount of money.But I do not think JR would offer Maggs 15 million per year. I think the offer was 12 million per year-no deferred-all cash on the barrelhead.

<{POST_SNAPBACK}>

 

Welcome to the site.

 

Folks, this is a man to be respected. Long time Sox fan from before most of us were born. Retired, and served our country. Was even a Chicago Cardinals football fan if I recall correctly. Knowledgeable guy and a good addition.

[southsider2k5]

Welcome to the site.

 

Folks, this is a man to be respected.  Long time Sox fan from before most of us were born.  Retired, and served our country.  Was even a Chicago Cardinals football fan if I recall correctly.  Knowledgeable guy and a good addition.

 

Good to hear it! Thanks for the info Jim, and welcome to Soxtalk Rudy!!!