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Tua out for the season
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AllTideUp Offline
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Post: #21
RE: Tua out for the season
(11-23-2019 12:15 AM)chester Wrote:  Damn. Here's a lesson to learned by high-profile recruits everywhere. Insist on loss-of-value insurance. If the school declines, go elsewhere.

I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.
11-23-2019 12:29 AM
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chester Offline
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Post: #22
RE: Tua out for the season
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
11-23-2019 12:41 AM
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stever20 Offline
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Post: #23
RE: Tua out for the season
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....
11-23-2019 12:54 AM
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chester Offline
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Post: #24
RE: Tua out for the season
(11-23-2019 12:54 AM)stever20 Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....

I mean, 4-5 million isn't "millions"? Don't get me wrong, I certainly hope he's still top 5.
11-23-2019 01:08 AM
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stever20 Offline
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Post: #25
RE: Tua out for the season
(11-23-2019 01:08 AM)chester Wrote:  
(11-23-2019 12:54 AM)stever20 Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....

I mean, 4-5 million isn't "millions"? Don't get me wrong, I certainly hope he's still top 5.

true. I think some feel like he'd lose a lot more than that....

Also, there's the small point that is with calculating him going #1 originally and dropping to 5.... Looking at the draft order, no lock that he would have gone #1 anyways to Burrow, and he probably still goes #4 to Miami.... The gap between 2-4 is "only" 2.2 million dollars.... And that's assuming the Redskins don't take him #2 and punt on Haskins.....
11-23-2019 01:22 AM
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chester Offline
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Post: #26
RE: Tua out for the season
(11-23-2019 01:22 AM)stever20 Wrote:  
(11-23-2019 01:08 AM)chester Wrote:  
(11-23-2019 12:54 AM)stever20 Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....

I mean, 4-5 million isn't "millions"? Don't get me wrong, I certainly hope he's still top 5.

true. I think some feel like he'd lose a lot more than that....

Also, there's the small point that is with calculating him going #1 originally and dropping to 5.... Looking at the draft order, no lock that he would have gone #1 anyways to Burrow, and he probably still goes #4 to Miami.... The gap between 2-4 is "only" 2.2 million dollars.... And that's assuming the Redskins don't take him #2 and punt on Haskins.....
I hear ya. 04-cheers My point is simply that Bama ought to have taken better care of Tua in regard to his projected draft value. Tua has generated untold amounts for Bama; the least Bama could have done for Tua in return, while requiring that he be an "amateur," is dig into the SAF to guarantee him some percentage of lost draft value by insuring it him.
11-23-2019 01:47 AM
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stever20 Offline
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Post: #27
RE: Tua out for the season
(11-23-2019 01:47 AM)chester Wrote:  
(11-23-2019 01:22 AM)stever20 Wrote:  
(11-23-2019 01:08 AM)chester Wrote:  
(11-23-2019 12:54 AM)stever20 Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....

I mean, 4-5 million isn't "millions"? Don't get me wrong, I certainly hope he's still top 5.

true. I think some feel like he'd lose a lot more than that....

Also, there's the small point that is with calculating him going #1 originally and dropping to 5.... Looking at the draft order, no lock that he would have gone #1 anyways to Burrow, and he probably still goes #4 to Miami.... The gap between 2-4 is "only" 2.2 million dollars.... And that's assuming the Redskins don't take him #2 and punt on Haskins.....
I hear ya. 04-cheers My point is simply that Bama ought to have taken better care of Tua in regard to his projected draft value. Tua has generated untold amounts for Bama; the least Bama could have done for Tua in return, while requiring that he be an "amateur," is dig into the SAF to guarantee him some percentage of lost draft value by insuring it him.

yeah... he really could luck out here- and still go #2 in the draft where he probably would have gone 2 weeks ago after the LSU game....

but I totally agree with you on the concept.
11-23-2019 01:54 AM
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AllTideUp Offline
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Post: #28
RE: Tua out for the season
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.

Just based on the article, it doesn't sound like a cut and dry system. For one, the examples given in the article would seem to indicate it's not a dollar for dollar exchange in the event a loss of value claim is filed. Olomu from Oregon was projected to be a top 12 pick in 2015. He tore his ACL though and fell all the way to the 7th Round. He only collected $3 million from his claim.

Quote:A loss-of-value policy entitles the player to collect a certain percentage of the dollar amount lost based on where the player was projected to be drafted. (The draft projections themselves are clearly laid out in the policy and the value of the fall is determined by how big the policy is.)

So there's a lot of variables here that might impact what a player collects and how much the policy costs.

More relevant to this particular situation:

Quote:Sources said Alabama has not, in recent memory, agreed to pay for loss of value for any of its players due to the policy’s cost compared to the percentage of players who actually collect.

Alabama athletic director Greg Byrne told The Action Network the school currently has 16 football players for which it pays permanent total disability premiums.

The money Alabama spends on those premiums took up 68% of the school’s allocation of its Student Assistance Fund this year. (The NCAA stipulates that the only way schools can pay for insurance premiums for players is through this fund, which is a pool of hundreds of millions of dollars that is split among institutions.)

Schools have to always leave some money available in their fund to pay for approved use of giving student athletes benefits in case of emergencies (death in the family, natural disaster, etc).



Quote:“In consultation with industry experts, loss of value has not been shown to consistently benefit student-athletes who file a claim,” Byrne said. “If you have loss of value, you still have the opportunity to have a successful professional career. One of the reasons we go with permanent total disability is to protect the student-athletes should they not be able to play again, in which case they have no ability to make any future earnings through their sport professionally. In the event of injury, we utilize our resources through health care and rehab to help them increase their draft value.”



Quote:The program leans on the advice of Robert McLeod at the school’s Culverhouse School of Business, who is an expert in the insurance field, to guide it.

“I work with 60 schools across the country from all different conferences, and I can confidently say that no one takes a more proactive approach in covering its student-athletes than Alabama,” said Eric Chenowith, the former University of Kansas and NBA center, who currently is responsible for brokering Alabama’s policies and heads up Leverage Disability and Life Insurance Services. “In addition to the level at which they cover, they also insure more individuals.”



Quote:Schools started paying insurance premiums for their high profile athletes after Texas A&M in 2014 discovered that the NCAA would not object to its paying of insurance premiums from the Student Athlete Assistance Fund.




Quote:Sources say Ohio State paid for both the disability and loss of value policies for Chase Young, though the amount of those policies is not known.

“We cannot comment on a specific student-athlete’s policy, but it is accurate that we use the student assistance fund to pay for the premiums on permanent total disability policies, some of which contain loss of value insurance and or critical injury/illness riders,” said Ohio State sports information director Jerry Emig. “We do the same in other sports, such as men’s and women’s basketball, baseball and hockey.”



It looks like the schools are put in a situation where they have to decide how best to allocate a limited amount of funds. To me, that sounds like another broken rule from the experts at the NCAA.

It seems like each school is tailoring its approach to whatever they think is best for their circumstances. I don't think this is a situation where Alabama or anyone else is attempting to skimp.

Hopefully, with the new player compensation model coming, there won't be a limit on what sort of insurance a school can offer or how much they can pay. That's one area where the schools could absolutely do a better job in supporting the athletes and that's offering good insurance.

In this situation though, it sounds like if Alabama or anyone else simply forked over the cash to pay for a reasonable policy then it would be considered an impermissible benefit. So they have to use the Student Assistance Fund to comply with NCAA guidelines. That's antiquated, frankly.
11-23-2019 02:09 AM
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chester Offline
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Post: #29
RE: Tua out for the season
(11-23-2019 01:54 AM)stever20 Wrote:  
(11-23-2019 01:47 AM)chester Wrote:  
(11-23-2019 01:22 AM)stever20 Wrote:  
(11-23-2019 01:08 AM)chester Wrote:  
(11-23-2019 12:54 AM)stever20 Wrote:  no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....

I mean, 4-5 million isn't "millions"? Don't get me wrong, I certainly hope he's still top 5.

true. I think some feel like he'd lose a lot more than that....

Also, there's the small point that is with calculating him going #1 originally and dropping to 5.... Looking at the draft order, no lock that he would have gone #1 anyways to Burrow, and he probably still goes #4 to Miami.... The gap between 2-4 is "only" 2.2 million dollars.... And that's assuming the Redskins don't take him #2 and punt on Haskins.....
I hear ya. 04-cheers My point is simply that Bama ought to have taken better care of Tua in regard to his projected draft value. Tua has generated untold amounts for Bama; the least Bama could have done for Tua in return, while requiring that he be an "amateur," is dig into the SAF to guarantee him some percentage of lost draft value by insuring it him.

yeah... he really could luck out here- and still go #2 in the draft where he probably would have gone 2 weeks ago after the LSU game....

but I totally agree with you on the concept.

Fingers crossed...COGS
11-23-2019 02:10 AM
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chester Offline
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Post: #30
RE: Tua out for the season
(11-23-2019 02:09 AM)AllTideUp Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.

Just based on the article, it doesn't sound like a cut and dry system. For one, the examples given in the article would seem to indicate it's not a dollar for dollar exchange in the event a loss of value claim is filed. Olomu from Oregon was projected to be a top 12 pick in 2015. He tore his ACL though and fell all the way to the 7th Round. He only collected $3 million from his claim.

Quote:A loss-of-value policy entitles the player to collect a certain percentage of the dollar amount lost based on where the player was projected to be drafted. (The draft projections themselves are clearly laid out in the policy and the value of the fall is determined by how big the policy is.)

So there's a lot of variables here that might impact what a player collects and how much the policy costs.

More relevant to this particular situation:

Quote:Sources said Alabama has not, in recent memory, agreed to pay for loss of value for any of its players due to the policy’s cost compared to the percentage of players who actually collect.

Alabama athletic director Greg Byrne told The Action Network the school currently has 16 football players for which it pays permanent total disability premiums.

The money Alabama spends on those premiums took up 68% of the school’s allocation of its Student Assistance Fund this year. (The NCAA stipulates that the only way schools can pay for insurance premiums for players is through this fund, which is a pool of hundreds of millions of dollars that is split among institutions.)

Schools have to always leave some money available in their fund to pay for approved use of giving student athletes benefits in case of emergencies (death in the family, natural disaster, etc).



Quote:“In consultation with industry experts, loss of value has not been shown to consistently benefit student-athletes who file a claim,” Byrne said. “If you have loss of value, you still have the opportunity to have a successful professional career. One of the reasons we go with permanent total disability is to protect the student-athletes should they not be able to play again, in which case they have no ability to make any future earnings through their sport professionally. In the event of injury, we utilize our resources through health care and rehab to help them increase their draft value.”



Quote:The program leans on the advice of Robert McLeod at the school’s Culverhouse School of Business, who is an expert in the insurance field, to guide it.

“I work with 60 schools across the country from all different conferences, and I can confidently say that no one takes a more proactive approach in covering its student-athletes than Alabama,” said Eric Chenowith, the former University of Kansas and NBA center, who currently is responsible for brokering Alabama’s policies and heads up Leverage Disability and Life Insurance Services. “In addition to the level at which they cover, they also insure more individuals.”



Quote:Schools started paying insurance premiums for their high profile athletes after Texas A&M in 2014 discovered that the NCAA would not object to its paying of insurance premiums from the Student Athlete Assistance Fund.




Quote:Sources say Ohio State paid for both the disability and loss of value policies for Chase Young, though the amount of those policies is not known.

“We cannot comment on a specific student-athlete’s policy, but it is accurate that we use the student assistance fund to pay for the premiums on permanent total disability policies, some of which contain loss of value insurance and or critical injury/illness riders,” said Ohio State sports information director Jerry Emig. “We do the same in other sports, such as men’s and women’s basketball, baseball and hockey.”



It looks like the schools are put in a situation where they have to decide how best to allocate a limited amount of funds. To me, that sounds like another broken rule from the experts at the NCAA.

It seems like each school is tailoring its approach to whatever they think is best for their circumstances. I don't think this is a situation where Alabama or anyone else is attempting to skimp.

Hopefully, with the new player compensation model coming, there won't be a limit on what sort of insurance a school can offer or how much they can pay. That's one area where the schools could absolutely do a better job in supporting the athletes and that's offering good insurance.

In this situation though, it sounds like if Alabama or anyone else simply forked over the cash to pay for a reasonable policy then it would be considered an impermissible benefit. So they have to use the Student Assistance Fund to comply with NCAA guidelines. That's antiquated, frankly.

ATU, there's no denying that disability insurance, alone, isn't a decent deal for players or that schools aren't tailoring their approach to whatever they feel is best.

But still, an NFL caliber college player who has loss-of-value insurance is better off than one that does not have the same. Other schools have insured top players against loss-of-value. Bama could and ought to do the same.

What did the article say, something like only 68% of Bama's SAF had been tapped for insurance?

.........

Lord, dear sweet Lord, please inspire the NCAA to give up the nonsense of "amateurism."
11-23-2019 02:34 AM
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AllTideUp Offline
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Post: #31
RE: Tua out for the season
(11-23-2019 02:34 AM)chester Wrote:  
(11-23-2019 02:09 AM)AllTideUp Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.

Just based on the article, it doesn't sound like a cut and dry system. For one, the examples given in the article would seem to indicate it's not a dollar for dollar exchange in the event a loss of value claim is filed. Olomu from Oregon was projected to be a top 12 pick in 2015. He tore his ACL though and fell all the way to the 7th Round. He only collected $3 million from his claim.

Quote:A loss-of-value policy entitles the player to collect a certain percentage of the dollar amount lost based on where the player was projected to be drafted. (The draft projections themselves are clearly laid out in the policy and the value of the fall is determined by how big the policy is.)

So there's a lot of variables here that might impact what a player collects and how much the policy costs.

More relevant to this particular situation:

Quote:Sources said Alabama has not, in recent memory, agreed to pay for loss of value for any of its players due to the policy’s cost compared to the percentage of players who actually collect.

Alabama athletic director Greg Byrne told The Action Network the school currently has 16 football players for which it pays permanent total disability premiums.

The money Alabama spends on those premiums took up 68% of the school’s allocation of its Student Assistance Fund this year. (The NCAA stipulates that the only way schools can pay for insurance premiums for players is through this fund, which is a pool of hundreds of millions of dollars that is split among institutions.)

Schools have to always leave some money available in their fund to pay for approved use of giving student athletes benefits in case of emergencies (death in the family, natural disaster, etc).



Quote:“In consultation with industry experts, loss of value has not been shown to consistently benefit student-athletes who file a claim,” Byrne said. “If you have loss of value, you still have the opportunity to have a successful professional career. One of the reasons we go with permanent total disability is to protect the student-athletes should they not be able to play again, in which case they have no ability to make any future earnings through their sport professionally. In the event of injury, we utilize our resources through health care and rehab to help them increase their draft value.”



Quote:The program leans on the advice of Robert McLeod at the school’s Culverhouse School of Business, who is an expert in the insurance field, to guide it.

“I work with 60 schools across the country from all different conferences, and I can confidently say that no one takes a more proactive approach in covering its student-athletes than Alabama,” said Eric Chenowith, the former University of Kansas and NBA center, who currently is responsible for brokering Alabama’s policies and heads up Leverage Disability and Life Insurance Services. “In addition to the level at which they cover, they also insure more individuals.”



Quote:Schools started paying insurance premiums for their high profile athletes after Texas A&M in 2014 discovered that the NCAA would not object to its paying of insurance premiums from the Student Athlete Assistance Fund.




Quote:Sources say Ohio State paid for both the disability and loss of value policies for Chase Young, though the amount of those policies is not known.

“We cannot comment on a specific student-athlete’s policy, but it is accurate that we use the student assistance fund to pay for the premiums on permanent total disability policies, some of which contain loss of value insurance and or critical injury/illness riders,” said Ohio State sports information director Jerry Emig. “We do the same in other sports, such as men’s and women’s basketball, baseball and hockey.”



It looks like the schools are put in a situation where they have to decide how best to allocate a limited amount of funds. To me, that sounds like another broken rule from the experts at the NCAA.

It seems like each school is tailoring its approach to whatever they think is best for their circumstances. I don't think this is a situation where Alabama or anyone else is attempting to skimp.

Hopefully, with the new player compensation model coming, there won't be a limit on what sort of insurance a school can offer or how much they can pay. That's one area where the schools could absolutely do a better job in supporting the athletes and that's offering good insurance.

In this situation though, it sounds like if Alabama or anyone else simply forked over the cash to pay for a reasonable policy then it would be considered an impermissible benefit. So they have to use the Student Assistance Fund to comply with NCAA guidelines. That's antiquated, frankly.

ATU, there's no denying that disability insurance, alone, isn't a decent deal for players or that schools aren't tailoring their approach to whatever they feel is best.

But still, an NFL caliber college player who has loss-of-value insurance is better off than one that does not have the same. Other schools have insured top players against loss-of-value. Bama could and ought to do the same.

What did the article say, something like only 68% of Bama's SAF had been tapped for insurance?

.........

Lord, dear sweet Lord, please inspire the NCAA to give up the nonsense of "amateurism."

But you can't single out one player and give him a provision that you aren't willing to give the others.

Tua has a lot of earning potential, granted, but there are other players on the roster who have great potential as well. Tua gets the headlines, but the other players are just as susceptible to injury and a loss of value. It may be that Tua would stand to lose more as a potential top 5 pick, but the others are just as deserving. That money is important to them as well even if it's likely a smaller amount.

That and you never know for certain where someone will be drafted until it happens. A guy with a lower projection may have a monster year and all of a sudden become a hot commodity. The article stated that the loss of value payout is based on a formula that has to be agreed to ahead of time. I'm not sure how long a school can wait before locking in a significant value, but they probably have to make some sort of minimum payment before it takes effect.

Point being, all of these factors alter the equation and the cost/benefit analysis. The schools have to weigh that equation against a set of funds that they can't actually control. If they could control the amount then it would be a different discussion.

While Alabama specifically is using 68% this year, that doesn't mean a reasonable loss of value rider for each of the 16 players would be a drop in the bucket. I'm betting it would be a significant cost actually because the insurance company still has to make a profit. They're taking a risk on their end and the potential payout for a top 5 pick who drops couldn't possibly be cheap. I used to work for an insurance company and one thing I know about them is they WILL make a profit. They're not in the business of offering discounts to customers, especially when there are millions of dollars on the line. An insurance company is more likely to suck you dry than offer you any chance of recouping real world losses.

Remember, the guy from Oregon was projected to be in the top 15. He fell all the way to the last round and only got $3 million. In 2019, the 15th pick got a $14.5 million deal. What kind of premium would you have to pay to guarantee a similar dollar value for a guy that's projected top 5 and drops to only the middle of the 1st round? A clear loss of value for the player, but the insurance company is going to weigh the loss against the preset formula. In a situation like that, Tua might not actually net that much cash if he files a claim, but the premium is likely still significant.

From the school's end, you have to weigh that cost against the potentiality for the unforeseen. The SAF wasn't actually designed for this. It's meant for life events like death in the family and natural disasters. So you can't take up 100% of the funds for any one priority.

The key factor here is that we don't actually know how much money they have available. We know the fund has a lot of money, but it has to be shared between a large number of schools. So Alabama is using 68% of their allotment, but we don't actually know what that figure is. What if a reasonable loss of value rider for each of the 16 players ended up doubling the overall cost? At that point, the math doesn't add up.

Remember again, this isn't actually Alabama's money to spend. They have a fund they can access, but it's not coming out of their pocket. So they have no motivation to skimp because it's not like they can bank the difference anyway. If they could drop a few extra dollars for these riders then I'm sure they would do it.

While there are other schools that are using these riders, that doesn't necessarily mean they're playing with the same equation. Purchasing a loss of value rider that pays a little something versus one that pays a significant amount would be a different price. The number of players you're purchasing insurance for would change the equation.

The system isn't cut and dry...that's the NCAA.
11-23-2019 09:21 AM
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Post: #32
RE: Tua out for the season
(11-23-2019 12:54 AM)stever20 Wrote:  
(11-23-2019 12:41 AM)chester Wrote:  
(11-23-2019 12:29 AM)AllTideUp Wrote:  I heard somewhere that he had a $10M policy. Not sure if that's accurate or if the prospect of dropping significantly in the draft would constitute a different type of insurance.

Tua has paid permanent disability insurance but not loss of (draft) value. Schools that will pay premiums for the latter include "Clemson, LSU, Ohio State and Michigan."

SOURCE

I love Bama to death, but we need to step up for our big-time players. This could cost Tua millions.
no it won't. He's still going to get drafted top 5.... It's going to be a loss- but in the 4-5 million total range....

Any NFL GM who drafts him in the first 3 rounds is crazy.
Objectively he is a small guy who has proven prone to getting banged up and now has suffered a catastrophic injury. God bless him but in a dispassionate sense Tua is badly damaged goods.
(This post was last modified: 11-23-2019 09:33 AM by quo vadis.)
11-23-2019 09:29 AM
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panite Offline
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Post: #33
RE: Tua out for the season
Tua's brother through a touchdown in mop up duty for Alabama yesterday. Stay tuned for TUA-TWO or TUA-THE SEQUAL. 04-jawdrop 02-13-banana 02-13-banana 01-ncaabbs 04-bow COGS COGS 04-cheers
11-24-2019 10:50 AM
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