Dick Allen Posted January 26, 2013 Share Posted January 26, 2013 QUOTE (ptatc @ Jan 25, 2013 -> 05:55 PM) Were they able to insure the whole thing? That was one of the problems with some of the long big dollar contracts. Sometimes they could only get a portion insured. Apparently, or at least a huge portion. I read somewhere where the Yankees wouldn't really mind it were career ending. It would save them over $100 million. His contract runs through 2018. Quote Link to comment Share on other sites More sharing options...
ptatc Posted January 26, 2013 Share Posted January 26, 2013 QUOTE (Dick Allen @ Jan 25, 2013 -> 06:09 PM) Apparently, or at least a huge portion. I read somewhere where the Yankees wouldn't really mind it were career ending. It would save them over $100 million. His contract runs through 2018. That's not uncommon. It is usually easier to get career ending insurance as opposed to a season ending injury insurance. Thatis why they think that way. For some of the bigger contracts it may be something like 40% of the contract for a partial season (number of games specified), 75% for a season and 95-100% for a career ending injury. The actuaries look at the probability of each one happening and base it on that. Career ending would save them alot. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 31, 2013 Author Share Posted January 31, 2013 Arod mentions in the Bosch files http://blogs.miaminewtimes.com/riptide/201...ery_mention.php Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 1, 2013 Author Share Posted February 1, 2013 Jeff Passan @JeffPassan Forget a buyout or retirement. @TBrownYahoo with the news: A-Rod has every intention of coming back. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.