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The $5 Million Question- Should College Athletes B

 
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PostPosted: Sat 13:38, 03 Aug 2013    Post subject: The $5 Million Question- Should College Athletes B

of insurance policies against career-ending injuries. Kentucky basketball big man Nerlens Noel, who tore his ACL in mid-February, reportedly paid between $40,000 and $60,000 for a $10 million policy through a private underwriter. Before Noel, Stanford quarterback Andrew Luck had a maximum policy of $5 million through a program known as Exceptional Student-Athlete Disability Insurance (ESDI) that the NCAA provides student-athletes it predicts will likely be high draft picks. Related Story The Enduring Lesson of Michigan's Fab Five: Winning Really Isn't Everything "Oh yeah, a lot more players are getting it, and if you watched the basketball game [that] Sunday, that's the reason why you buy it," said Dan Verdun, private insurance consultant at New York City-based Frenkel and Co., referring to the game during which Ware was injured.But these policies,[link widoczny dla zalogowanych], meant to hedge against risk, are risky in themselves: None of these student-athletes is likely to ever collect a dime, even if they are hurt. These guarantees

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