From the info out there it seems the rockets are committing insurance fraud. Picking the MRI date so that it falls exactly after the 41st game seems fishy.
Yeah right. Now every game tmac misses they get covered for 80%. Tmac is the HIGHEST paid player in the NBA. 300k per game.
not at all. they are preserving option value. if he played before the 41st game, they couldn't get any insurance money. they're just being careful and smart with their money. now, if the doctor said "TMac is ready to go, 100%, no doubt" - it's not like the Rockets could claim insurance money. that would be fraud if we tried to do that.
This can't be determined. That is the beauty of the strategy. If practices are private and they are not full practices, then the Rockets GM will determine whether T-Mac is ready and all employees of his organization answer to him - most importantly >> Team doctors will assess on 23 Nov. Mac can't play till TEAM doctors give him the ok. They can't give him the ok if they are not authorized to assess him. Also, an MRI is not a full assessment and an assessment is subjective. The fact is, until team doctors clear him, he can't play. Until Morey allows an assessment, he can't be cleared. ONCE AGAIN, this is the best thing for the organization from a financial and risk perspective. Everyone else should and will act in their own best interests - which is why McGrady is challenging. It's capitalism and according to the principal theory, everyone will end up better off anyhow.
The rox are doing what every NBA team should do, protect their investment.!They are finally standing up to the players who always seem to call the shots. Like Mac did at the end of the season last year. More teams need to do what the rockets are doing. Remember what happened to agent zero and amare, they both came back too early and ended up having to go back on the IL.. the rockets want Mac fully healthy and being able to practice fully, which he hasn't done. I don't buy that he's had a full practice in last 10 days since the rockets haven't actually had a full practice since the 9th of Nov.
If they think T-Mac play is actually worth that much they would play him. Else, they will sit him and wait untill he can play to nearly the way he is payed. But i don't see Morey doing math on this one. What happens if McGrady is traded and we played him 1 game. The other team won't get the insurance money. If there is a posibility of a trade happening, we better let the next owner to decide weather to play the guy or continue his rehab. Playing him now will lower his trade value a lot.
It's not fraud unless the Rockets have confirmed reports he is ready to play and they lie about it to the insurance company. I don't think that has happened. But it's clear they don't want him to play until after the 41st game. Just business. But what doesn't make sense is if this was about insurance, they should have told T-mac this: "If the MRI looks good and you can make it through a full practice, you will be cleared to play" They didn't do that. So maybe it's more about just getting rid of t-mac
I wonder if T-Mac get's only 80% of his salary. Maybe that's the only reason he wants to come back early?
I've posted this on another forum topic, but I thought here would be more appropriate. Question about TMAC and the insurance. We can begin collecting insurance after the 41st consecutive missed game. But is that something that would be tradeable? Could we conceivably trade TMac to another team, where they could apply for the insurance money? Because if they could, that would be a HUGE asset in a trade situation. Although that's not something that we would do. But think about it. I mean, as it is, insurance is picking up about 9 million of TMac's salary. In a trade situation, with the trade rules of player's salaries being within 25% of each other, we could trade a 14 million salary (23mil - 9mil insurance) for 28 mil in return. We wouldn't do it, but WOW!, how good of a chip would that be if we could? 28 million for 14 million in this economy. It'd be gold!!!!
Come On guys the back spasms will be back by his third night back. Should we count the minesota game as game number 1? No love from me.
Taken from Wiki: "For optimal re-growth of joint surface, the patients need to be very patient and also extremely cooperative. They usually need to be on crutches for four to six weeks (sometimes longer). Sometimes a brace is needed. This all depends on the size and/or location of the joint surface defect that is being repaired or regenerated. The patients are encouraged to spend approximately 6-8 hours a day on a CPM (Continuous Passive Motion) machine that helps with optimal re-growth of joint surface. Patients usually feel pretty good and think they can avoid these critically important steps, and even start running and jumping (or playing sports) before the internal aspects of the knee, and the joint surface, are ready."
Certainly it appears that the Houston Rockets are committing insurence fraud. An investigator from the insurance concern will liekly be reviewing these messages.
