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Old 09-26-2022, 10:37 PM   #1269
Jay Random
Franchise Player
 
Join Date: Aug 2005
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Quote:
Originally Posted by Major Major View Post
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.
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.
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