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Old 08-31-2024, 12:57 AM   #1045
GullFoss
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Quote:
Originally Posted by Matt Reeeeead View Post
You know, I do need to make a correction upon reviewing the fine print, as it’s been a few years:

Teams are only required to insure through life/AD 1 year of a players salary; however, that’s only there to mandate teams to have coverage to manage these issues within their financial means and not be reliant on league support should something like this occur.

That doesn’t change that teams are committed to the contracts as a consequence of death. Every team in aware of, including flames, elects to cover the guaranteed contracts through their internal insurance programs. That’s really the business of the team, as they are liable either way; and quite frankly, the insurance isn’t terribly expensive because of the rarity of how often these events occur. It would be business malpractice not to cover.

So my correction is simply the level of NHL mandate on the coverage required; but it’s irrelevant from player perspective.

Lastly, it’s a friendly conversation, meant to be informative during a terrible time. No interest in your accusation or having an immaterial, non friendly discussion on the matter. We’re all here for the same reason with positive vibes for Johnny, and his family.


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Ok matt
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