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Is there a reason why no official mention of insurance issues on behalf of the NHL

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12-07-2012, 04:03 PM
  #1
Do Make Say Think
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Is there a reason why no official mention of insurance issues on behalf of the NHL

The fact that the NHL is sticking to it's guns (Daly "this is the hill we will die on") in regards to the 5 year contract limit (7 for resignings) so adamantly seems to suggest that the insurance issues behind SPCs is a driving factor (not the only one to be sure)

I was just wondering why there is so little mention of this? It seems like it would be really easy for the owners to say "listen, insurance won't cover you guys for more than 5 years, so if you we allow longer than 5 year deals and you get injured we are screwed". It seems like a reasonable position to take considering the NHL has no control over the insurance company; yet no one seems to bring up outside of HFBoards...

Is there a reason why this insurance issue is not brought up more often by reporters or league officials?
It could be that it actually has nothing do with it (it's possible after all, I know very little about insurance) but I am starting to wonder if there is something to the fact it's barely talked about.

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12-07-2012, 05:17 PM
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Gentle Ben Kenobi
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I noticed this too. I really wonder why it wasn't mentioned.
The only justification that Bettman gave in the presser was that in 2004(?) There was one contract over 6 years long and now there were 60.

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12-07-2012, 05:20 PM
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OneMoreAstronaut
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Maybe the perception is that it's a little too "meta" for the common sports fan, so they aren't talking about it directly and/or the media isn't reporting on it.

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12-07-2012, 05:39 PM
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Insurance may be a factor (who knows?), but the five year contract cap offers other benefits for the League (just off the top of my head):

* Another brake on cap circumventing contracts to go with the backdiving restrictions;
* One less thing for players and agents to use as leverage.
* More player movement, which is good for fan interest.

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12-07-2012, 05:47 PM
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Freudian
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Quote:
Originally Posted by Model62 View Post
Insurance may be a factor (who knows?), but the five year contract cap offers other benefits for the League (just off the top of my head):

* Another brake on cap circumventing contracts to go with the backdiving restrictions;
* One less thing for players and agents to use as leverage.
* More player movement, which is good for fan interest.
It offers better protection against offer sheets. You can't try to poach a player with several years of absurd signing bonuses if you aren't willing to offer the player that kind of money each year. I have a feeling Philly wouldn't have offered Weber a five year deal with a $13M+ annual cap hit.

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Originally Posted by OneMoreAstronaut View Post
Maybe the perception is that it's a little too "meta" for the common sports fan, so they aren't talking about it directly and/or the media isn't reporting on it.
NHL hasn't really tried to sell their proposal to the public more than pointing to the overall health of the league.

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