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Old 01-31-2010, 03:27 PM
AQUDXU AQUDXU is offline
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AQUDXU will become famous soon enoughAQUDXU will become famous soon enough
Originally Posted by UACFlyer View Post
There is no doubt that a guy that plays pro ball will earn millions. But, a kid can be "set for life" with a lot less than millions.

The average American worker will earn less than $3 million over a lifetime. I presume it's possible for a college player to buy an insurance policy that protects him if he sustains an injury that prevents him from playing professionally.

So, if a kid or someone on his behalf (allowed by the NCAA) were to buy a one year policy with a $2 million pay out, let's say, leaving college with a degree and $2 million in cash, that wouldn't sound too bad to most people.

It wouldn't be the millions the NBA offers; but a $2-3 million nest egg at age 22 along with a degree ain't bad.

Now who out there knows all about insurance against injury? There are such policies....musicians and other performers have them. Insurance companies have all the data needed re probability of injury in order to determine the one year premium.
The insurance only pays out if he gets injured. If he does not get injured it is no gaurentee that he'll be drafted higher after his SR year than after his JR year, even if he gets better.

See John Wallace, who was a borderline lottery pick after his JR year. Came back for his SR year, took/carried SU to the title game, and fell out of the lottery. Had the Knicks not had 3 1st round picks that year, he probably wouldn't have gone in the 1st round.

Remeber Harold Arcenaux (sp?) from Weber St. Was WAC POY as JR, had 30+ point game in win over UNC, and another monster game in a 2nd round loss. Every scout had him as a lottery pick. He came back for his SR year. Again POY in the WAC, but no noise in March Maddness. He went undrafted and never played in the NBA.

A bird in the hand is worth 2 in the bush. If you have a chance to go in the 1st round this year, you go. Is he their right now? Don't know. I do know the NBA drafts on potential, and he has plenty of that. Hakim Warrick is doing OK in the league, and CW now looks a lot like HW did coming out of SU then.
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