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NBA insurance program

Posted: Thu Jul 23, 2009 8:32 am
by Beowulfas
Who will pay Yao contract next year?
Rockets or insurance company?
Are all NBA contracts insured?
Are there any regulations regardind contracts insurance?
Does insurance company pay the whole amount, 100%, of contract to the player?
Thank You.

Re: NBA insurance program

Posted: Fri Jul 24, 2009 3:48 am
by Teckon
From what i gathered, insurance will pay 80% of Yao contract for the coming season. And yes all NBA contracts should be insured (good business practice)

Re: NBA insurance program

Posted: Fri Jul 24, 2009 6:15 am
by Jet17
Teckon wrote:From what i gathered, insurance will pay 80% of Yao contract for the coming season. And yes all NBA contracts should be insured (good business practice)


How do contracts get insured?

And who's that in your avatar?