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Started By
Message
Devin whites insurance policy if he stays
Posted on 1/2/19 at 7:06 pm
Posted on 1/2/19 at 7:06 pm
According to espn he would be guaranteed a ton if he gets hurt. So I dont think coming back is insane like some people think
"According to industry professionals, the general rule is that a top-10 pick will qualify for $10 million of permanent total disability with a $5 million loss-of-value rider. The 10 to 20 picks would be looking at $5 to $7.5 million of PTD and $2 to $3 million in loss of value. Picks in the 20 to 30 pick range would be around $5 million total disability."
I think if he had a career ending injury, he would be ok with 10 million the rest of his life
"According to industry professionals, the general rule is that a top-10 pick will qualify for $10 million of permanent total disability with a $5 million loss-of-value rider. The 10 to 20 picks would be looking at $5 to $7.5 million of PTD and $2 to $3 million in loss of value. Picks in the 20 to 30 pick range would be around $5 million total disability."
I think if he had a career ending injury, he would be ok with 10 million the rest of his life
34
Posted on 1/2/19 at 7:08 pm to luciouslou
10 million from insurance and a 5 million go fund me from the LSU fans.
Ok he stays I made the decision for him.
Ok he stays I made the decision for him.
Posted on 1/2/19 at 7:09 pm to luciouslou
It’s not easy to get a loss of value claim paid out in full. A lot of guys had trouble getting full payouts.
Posted on 1/2/19 at 7:10 pm to luciouslou
He gone!!
Posted on 1/2/19 at 7:10 pm to luciouslou
Try collecting that. Not as easy as it sounds. Matter of fact, pretty impossible to collect that in full.
Posted on 1/2/19 at 7:10 pm to luciouslou
He is not staying.
Posted on 1/2/19 at 7:12 pm to luciouslou
He would make more in his signing bonus in the NFL.
If he stays there is no really way to mitigate he risk financially. It will be about what he wants in life.
If he stays there is no really way to mitigate he risk financially. It will be about what he wants in life.
Posted on 1/2/19 at 7:24 pm to luciouslou
Jaylon Smith only collected 700K after dropping to the 2nd rd. He was a top 10 pick more than likely. It’s hard to prove more than likely to an insurance company writing fatass checks.
Posted on 1/2/19 at 7:27 pm to luciouslou
I want him to stay but if he is a top 10 pick, he should go and set himself up for life.
Posted on 1/2/19 at 7:34 pm to luciouslou
First off, the policies are extremely expensive and really only get close to paying the full value for catastrophic, never play again, limp for life type injuries. You can get a second, loss of value policy, for like if you drop from 1st round to 3rd, but those don't come anywhere near paying the actual difference AND usually any money the insurance pays you can be recouped if you get a second contact.
Hopefully he makes the best decision for him, but coming back and getting injured could easily cost him $15 million dollars.
Hopefully he makes the best decision for him, but coming back and getting injured could easily cost him $15 million dollars.
Posted on 1/2/19 at 7:54 pm to luciouslou
If he stays and got injured, at least he doesn't have to share a bunch of that with an agent. Players never get nearly what they sign for after everyone else with their hand out gets their take. Most agents have separate attorneys that get paid for all of the deals put to paper and that's a separate take.
Posted on 1/2/19 at 7:54 pm to luciouslou
The point that seems to be overlooked...
The human body can only take X amount of years in the LB position
He is never going to get that year of earnings back (played for free)
The human body can only take X amount of years in the LB position
He is never going to get that year of earnings back (played for free)
Posted on 1/2/19 at 7:59 pm to luciouslou
I love that kid but he needs to go. Period. End of story. He’s given enough. GO GET THAT TOP 10 NFL LOOT DEVIN!
This post was edited on 1/2/19 at 8:00 pm
Posted on 1/2/19 at 8:10 pm to luciouslou
quote:
think if he had a career ending injury, he would be ok with 10 million the rest of his life
Some of you are crazy and don’t understand how this works.
Let’s compare Devin white to Patrick Willis. Seems reasonable.
Willis made 42 million over 8 years in the nfl. Sure 10 million is nice, but not as nice as 42 million.
Posted on 1/2/19 at 8:13 pm to luciouslou
“Total disability”
Not being able to play football does not equal total disability. So just because you get hurt and never play again does not mean $10 million dollar payout.
What is 10 mil compared to maybe 30 to 50 mil over career and endorsements.
Not being able to play football does not equal total disability. So just because you get hurt and never play again does not mean $10 million dollar payout.
What is 10 mil compared to maybe 30 to 50 mil over career and endorsements.
Posted on 1/2/19 at 8:16 pm to luciouslou
quote:
think if he had a career ending injury, he would be ok with 10 million the rest of his life
In such a case, a GoFundMe for him would bring at least $2-3M.
Posted on 1/2/19 at 8:17 pm to luciouslou
quote:
"According to industry professionals, the general rule is that a top-10 pick will qualify for $10 million of permanent total disability with a $5 million loss-of-value rider. The 10 to 20 picks would be looking at $5 to $7.5 million of PTD and $2 to $3 million in loss of value. Picks in the 20 to 30 pick range would be around $5 million total disability."
Doesn't Vonn Miller make like $20 million a season?
A one-time $10 million doesn't really measure up, does it?
Posted on 1/2/19 at 8:25 pm to luciouslou
The guy from last year or before only got 800K of a 10MM policy
Posted on 1/2/19 at 9:12 pm to luciouslou
Barring a bad combine, which would be really weird considering his work ethic, he’s a top 10 pick. What would you come back for? Top 5? Kinda splitting hairs.
Only reason he comes back is if he truly believes we can win the national championship next year, and that’s IF a natty at LSU outweighs a year of NFL money.
It’s fun to talk about it, but HE GONE.
Only reason he comes back is if he truly believes we can win the national championship next year, and that’s IF a natty at LSU outweighs a year of NFL money.
It’s fun to talk about it, but HE GONE.
Posted on 1/2/19 at 9:16 pm to luciouslou
I want him to ride into Texas stadium on a horse and lasso Bevo!
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