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re: Did Mett have insurance to protect against future earnings losses b/c of injury?
Posted on 12/4/13 at 2:24 pm to dandan
Posted on 12/4/13 at 2:24 pm to dandan
Peyton Manning had a five million dollar insurance policy with Lloyds of London while he was at Tennessee.
Any player who could afford the premium would be wise to have such a policy.
Any player who could afford the premium would be wise to have such a policy.
Posted on 12/4/13 at 2:29 pm to dandan
stud should cover it since it was his fault
Posted on 12/4/13 at 3:22 pm to wilfont
Yea if you can afford the premium, you can get insurance. Im pretty sure Willis McGahee had insurance on his knee too.
Posted on 12/4/13 at 3:23 pm to themunch
He had Mett Life...it pays !
Posted on 12/4/13 at 7:45 pm to evangelfan
quote:
Heck no. Not with new rookie wage scale. The owners implemented this during the strike, and it was to help protect them from the future Jamarcus's, etc. These guys have to go in now and prove themselves for the first few years, and then get the big bucks the 2nd contract.
LINK
That's from 2013's draft. Well they aren't fully guaranteed but at least 70% of their contract is guaranteed and they get the whole signing bonus obviously.
Posted on 12/4/13 at 7:51 pm to KG5989
quote:
Yea $5 mill per year.
I agree its still a very very good contract haha, but thats still a lot less than what Bradford got. Bradford got 6 years for $78 mill with $50 guaranteed, along with a $17mill signing bonus. So Bradford is guaranteed $77 mill. Luck got 4 year for $22 million with all of it guaranteed, with a $14mill signing bonus. So Luck is guaranteed about $36 million. Still half of what Bradford got. And i dont think Mett was going to be a lottery pick.
And look at the difference between a top 5 pick and a late 1st round pick. Matt Elam for the Ravens contract is 4 years for $6.7mill and a $3.3mill signing bonus.
I can work out 20 mill for life, hell I could work out 5 mill for life.
Mett would have probably went between 15 and 25 which would have netted him anywhere from 12 mill total to 14 mill while playing as back up.
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