Quote:
Originally Posted by The Cobra
He’ll be owed about $5M with most covered my insurance.
It’s not a huge cost to move.
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Does an insurance policy travel with a player when the player is traded? The Habs would have taken out the policy themselves before Price was injured, if they did take out one (which they likely did since teams tend to insure their top contracts). It just doesn't seem like something an insurance company would agree to. I assume the new team would need to take out their own insurance policy on the player, and Price would be uninsurable at this point.
The player may have their own insurance as well, but my understanding is that it's the teams like choose which players to insure for the bulk of it.