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Originally Posted by Alberta_Beef
I thought alot of players had to pay their own insurance
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I think they offered to help pay in 2010 but they never ended up having to.
http://www.carhahockey.ca/1040/nhl-i...inter-olympics
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However, the major hurdle was cleared a while ago, when the IOC was convinced by the NHL and NHLPA to open its massive wallet and pay the lion’s share of the costs of shutting the North American league down for two weeks and bringing the players to Russia. This includes the most expensive item – insurance on the NHL players’ contracts in case of injury – but also a host of other issues of equal importance to management as well as the players.
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The cost of insuring the players – which were estimated by Greg Sutton, president of Sutton Special Risk in Toronto, which handles insurance for many NHL players and teams, to be as high as $2-million per Olympic team – is such that many of the development camps planned for the summer may not have on-ice practices. Since the camps are held outside the Olympics, the IOC does not pay for the player insurance so only the wealthiest federations, such as Hockey Canada and Hockey USA, may be able to afford the cost of having their Olympians scrimmage.
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