Tmac's insurance?

I read the whole thread and I'm still confused. Is he insured or not?

 

Sorry to bring up an old thread, but I was bored so I was did a little bit of research. I found a more conclusive article that provided a more detailed account of nba insurance policies.

Turns out Insurance is not a game by game policy, but a player missing a certain number of games in a row.

http://columbian.com/article/20081006/BLOGS05/810069983/-1/BLAZERBANTERARCHIVE

If we insert "Tmac" for "Raef Lafrentz", the article reads

And according to the chron sports guy on http://blogs.chron.com/nba/2009/07/joey_dorsey_welcome_to_the_nba.html

What does this all mean? Les collects 80% of Yao's contract this year [explains how spending spree so far], and if we keep Tmac this year, Les gets to keep at least 10 million dollars from insurance. If we trade Tmac, you know it's gonna be a super trade because Les can easily say "No thanks, I don't want your trash, I'll keep my 10 Million, thanks".

So, how does Chris Paul sound?

 

With all of Mac's preexisting conditions I'd hate to see the premiums for his insurance.

 

crap, IM noob, my reading comprehension sucks.

the LaFrentz article says you start recouping AFTER the 41st game, nnot before.

Hopefully Tmac has a different policy where its 80% for each game missed if the block of games is greater than X.

 

lets hope shemac will come back and play with some heart, we r better with her than without her now that yao and ron ron r gone

 

Thanks for the find. I'm assuming that if the insurance plan is the same, the 30 consecutive regular season games he has missed since last season will count towards the 41 game requirement, and that his contract will start being insured from the 12th game of this season onwards, till he comes back. His trade value might go up after the 11th game this season.

 

Those are fighting words around here!!!!! Don't you know you are not allowed to say anything positive about a Rocket's player named Tracy Lamar McGrady!

Some how people forget he is still a Houston Rocket's player. He tried to come back last year from a knee injury and did not play well. But all of the other years, they had nothing bad to say about his play. They was on his tip!

Since most of these haters know where he stay, I'm surprise they are not in front of his house with torches trying to run him out of town.

 

Now you want him to come back! Since Yao is out again, Yao has been out twice as much as T-Mac and I don't see you attacking Yao.

 

I don't see where the 2x comes in.
Yao's missed 93 regular season games as a Houston Rocket.
Mac's missed 113 regular season games as a Houson Rocket.

 

Thanks for being bored

 

Wow, those numbers of missed games by TMac and Yao just reminded me how sick and tired I am of hearing about injuries. Holy shizz that's a lot of games.

Yao: 22.7% of regular season games missed, and 30.3% of playoff games missed.
Tmac: 27.6% of regular season games missed, and 39.4% of playoff games missed.

Unreal.

Fun fact: TMac's 13 points in 33 seconds? Oddly parallel to TMac's 13 missed games in 33 playoff games. Made me chuckle.

 

Sidenote: Those Yao numbers are since TMac came to Houston.

 

Most teams will insure their highest salaried players. One person (in the know) told me that it's usually Lloyd's of London that underwrites these sorts of deals and most teams spend several million a year just on contract insurance.

If you have 4 guys making $50 mil, you're gonna insure them first since it's easier to absorb losing the play of low $$ players... and it would probably cost at least ten cents on the contract dollar to do so, probably more.

It's a hell of a lot better than paying injured players $22 mil not to play.

If they collect $4 mil from 30 teams, that's $120 mil in policies, where they might pay out about half of that in any given season.

 

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