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someguy

Certifiably Surly
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Everything posted by someguy

  1. seconded. I'm on my way over right now.
  2. My personal favorite. Daniel Bard throwing 99.
  3. In general, an athlete has five years of eligibility to complete four years of competition. With the new redshirt rule passed last year, a redshirt can be taken in football while appearing in four or fewer games. The generic redshirt year is available for any reason, whether that be injury or physical development or being passed over on the depth chart and wanting to preserve eligibility for a future transfer (a la the Kyle Porter redshirt). The medical redshirt is the possibility of getting a sixth year of eligibility with which to complete the four years of competition. One is eligible to apply for this waiver from the NCAA when two years are lost to injury. An athlete would need to appear in less than one third of the games on the schedule in a particular year before suffering an incapacitating injury to apply for the medical hardship waiver. This will only apply if the athlete loses two years to injury (as the first injured year would be chalked up to the blanket redshirt year available to everyone, even if that redshirt year was already used for non-injury related reasons).
  4. Not to keep going to the same well, but that NCAA FAQ link I posted upthread sheds a little bit of light on the question. How does loss-of-value coverage work? Insurance underwriters will first determine an athlete’s eligibility based on their draft position. If they are projected to be selected early in the draft, underwriters could offer coverage limit that typically falls between $1 million and $10 million, based on the projected draft position. The underwriters will then set a loss-of-value threshold that is typically 50 to 60 percent of the athlete’s projected rookie contract. If the contract an athlete signs falls below that threshold as a direct result of an injury or illness suffered during the coverage period, the insurance would pay them the difference between the actual contract’s value and the policy’s predetermined value. It also recommends that only athletes projected to go in the top 10 of the draft get loss of value insurance. Who should purchase loss-of-value coverage? If an athlete chooses to purchase LoV coverage, the NCAA recommends they only do so if they are projected to be selected among the top 10 picks in their respective draft. Athletes projected to be selected outside of that range may have challenges proving their projected value when they file a claim. What factors can affect a payout? It’s important to understand that simply suffering an injury or illness and then being selected with a later draft pick than anticipated does not guarantee a claim will be paid. Proving an injury or illness was the sole and direct reason for the decrease in value can be difficult, and many factors can be used to void a claim. In fact, policies include standard exclusions for pre-existing injuries or illnesses, osteoarthritis or degenerative conditions, drug and alcohol use, criminal acts and mental, nervous or psychological disorders. But other factors that can adversely affect a claim include: off-field issues; poor performance during the season; poor performance at pre-draft events; a rise in the draft value of other athletes due to superior performances; changes in professional teams’ needs. http://www.ncaa.org/about/resources/insurance/loss-value-faqs
  5. Per NCAA regulations, schools can pay for loss of value insurance out of the Student Assistance Fund. I have no idea if Texas did this for Jefferson, or if he secured the insurance on his own. How can coverage be paid for? Subject to conference policies and procedures, schools may permit student-athletes to use the NCAA Student Assistance Fund to purchase either PTD or LoV policies. Student-athletes may also take out loans against their future earnings to pay these premiums. Please note, premiums paid using Student Assistance funds may be considered a taxable benefit to student-athletes and may affect their eligibility for financial aid. http://www.ncaa.org/about/resources/insurance/loss-value-faqs Division I Student Assistance Fund A combination of the Student-Athlete Opportunity and Special Assistance Funds. The purpose is to assist student-athletes with special financial needs. Most of this money is used for educational purposes, with some also going for needs such as clothing. http://www.ncaa.org/about/resources/finances/student-athlete-benefits
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