Quote:
Originally Posted by Major Major
Something I don't understand is how insurance companies seem to also be victims of these clumsy LTIR schemes... Are they not the ones who pay LTIR salaries? Seems like they got bilked. I'm obviously missing something.
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1. Not all contracts are insured.
2. For those that are, the more a team uses LTIR, the more its premiums go up. The Golden Knights, for instance, have an insurance record comparable to a 17-year-old boy with three DUIs who is still inexplicably allowed to drive Daddy's Porsche.