Crawlnstall
Well-Known Member
I wouldn't be surprised at all if Embiid stays another year. He may be looked at as the #1 guy but he still has a raw game. Another year to develop it over players he can own would really help him out.
I wouldn't be surprised at all if Embiid stays another year. He may be looked at as the #1 guy but he still has a raw game. Another year to develop it over players he can own would really help him out.
Agree. Besides the policy maxes at $5 mill is the max allowed, and costs $30k.Actually, players can take insurance out on themselves to protect them against injury.
https://www.cbssports.com/collegefo...obtained-5-million-insurance-policy-with-ncaa
However, if it were my son, I'd tell him to leave early and take the money. They can always go back to school to get their degree...that will always be there. But their youth, health and talent will only be around for a limited time.
The premiums through a private agency can run higher -- about $10,000 a year per $1 million of coverage for football players, according to Lerner. Athletes can take out loans to purchase coverage from private insurers without threatening their college eligibility as long as they are not given special treatment by the bank, Sheely said.
The cost of premiums -- and the fact that the insurance only pays out in cases of career-ending injuries -- has scared off some players, including Auburn offensive tackle Lee Ziemba.
"The premiums are extremely high," Ziemba said. "The thing I saw about it is it only covers you for an injury where you can't play the game anymore -- not where you tear your ACL and you're not the same player you were before. You can't be able to play, ever. So I put my trust in the Lord and whatever He sees fit. If something bad happens, He's going to take care of me."
The NCAA and private insurers include a waiting period of six months to a year for rehabilitation efforts before claimants are eligible for a payout. Sheely said the NCAA has had "a handful" of payouts over the years, while Lerner has had just two -- a hockey player and former Florida defensive lineman Ed Chester, who collected on a $1 million policy in 1998 after multiple surgeries couldn't repair a severe knee injury well enough for him to play again.
"If a player can make his living playing professional sports, he's going to make more than he can collect on this policy," Lerner said. "We set it up that way so they still have the incentive to play."
After hearing stories such as Chester's, many athletes consider insurance a no-brainer these days. Lerner estimated that practically every player taken in the first five rounds of the NFL draft and both rounds of the NBA draft this year was insured.
I wouldn't be surprised at all if Embiid stays another year. He may be looked at as the #1 guy but he still has a raw game. Another year to develop it over players he can own would really help him out.
I know its the nfl but matt leinart lost lots of money by staying in school.
Dala mentioned a couple of good ones. (sullinger, perry jones)
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Duke will probably be the best college basketball team of all-time next year if he stays.
I never understood this idea of leaving school early because of the potential for injury and missing out on a big paycheque. I mean, I understand the concept, but how likely is it? Has there been a player the last couple of decades who was a consensus lottery pick but decided to stay in school, then got hurt and never got drafted?
Loren Woods fell from a near guaranteed top 5 slot to 45th overall.
:applause:
The mere mention Loren Woods deserves one of the rep things they do these days on jazzfanz, nevermind the accurate answer to the question posed above.
I never understood this idea of leaving school early because of the potential for injury and missing out on a big paycheque. I mean, I understand the concept, but how likely is it? Has there been a player the last couple of decades who was a consensus lottery pick but decided to stay in school, then got hurt and never got drafted?
:applause:
The mere mention Loren Woods deserves one of the rep things they do these days on jazzfanz, nevermind the accurate answer to the question posed above.
Also is it fair to say Parker and Wiggins will be better pro players than college players? I think this is a fair assumption. The college game sucks and the spacing is so much better in the NBA.
Thanks to everyone who proved me wrong. I guess I should watch more college ball. Didn't John Wallace who played for the Knicks and the Raptors do something like that 15 years ago? He was supposed to be a lottery pick but stayed for his senior year at Syracuse and lowered his draft stock.