Player Insurance Policies

[IU Hoosier41]

With the news coming out about Zion’s injury and subsequent $8,000,000 insurance policy, I had a couple questions.   I wasn’t surprised to hear he had this policy, but I was shocked to find out that Duke was paying for it for him.   Maybe I’ve been living under a rock, but how is this monitored? 

I would think this would be a recruiting advantage for schools willing to pay for larger policies.   Is there any way to see who has a policy?   Romeo was projected lottery prior to this season, does that mean INDIANA is probably shelling out for an insurance policy for him?  This was completely foreign to me that schools could pay for this.  Can anyone help me understand this a little better?

 

 

 

[HoosierAloha]

With the news coming out about Zion’s injury and subsequent $8,000,000 insurance policy, I had a couple questions.   I wasn’t surprised to hear he had this policy, but I was shocked to find out that Duke was paying for it for him.   Maybe I’ve been living under a rock, but how is this monitored? 
I would think this would be a recruiting advantage for schools willing to pay for larger policies.   Is there any way to see who has a policy?   Romeo was projected lottery prior to this season, does that mean INDIANA is probably shelling out for an insurance policy for him?  This was completely foreign to me that schools could pay for this.  Can anyone help me understand this a little better?
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I heard talk of this a few years ago but didn’t know it was approved. I believe this is the NCAA trying to negate having to pay players. I’d be shocked if Romeo didn’t have an insurance policy.

Mr. Williamson made a lot of money off Zion going to Dook.


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[Alford Bailey]

On top of the rumored $300k it took to get Zion to Dook.