Lockout IV: One likes to believe in the freedom of hockey (Moderated: see post #2)
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12-08-2012, 10:28 PM
Join Date: Dec 2011
Originally Posted by
I believe the owners can't purchase insurance, so the whole salary is picked up by the owners. In another thread someone mentioned they can't even insure Crosby (May be why he isn't playing in Europe).
Crosby said when he looked into insurance, he said it would cost around $400,000 a month to insure his contract. On the Pens board in the Crosby 12 yr deal thread it was said that his contract isn't insured against concussions. However I've no source for that.
As to the insurance, my understanding is that teams can only insure the first 5 years of a deal. For deals longer than 5 years, the first 5 is insured, and the rest of the deal places the risk on the owners dime.
I've been looking for trouble... but trouble hasn't been cooperating!
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