Sneaky players had insurance the whole time!

[Happy Panther]

Players had insurance that would have paid $200,000 to each player in 2011.

Says ESPN

[Woodcookedbbq]

Mama didn't raise no fool.

[Cyclonus]

I would have loved to see the owners faces when they slapped that poo on the table!

[TruCatzFan]

Title's misleading...

Should read SMART players....

[Udogg]

Hmm D-smith looking smarter and smarter the closer this gets to ending.

[bleys]

I thought this was common knowledge?

[Udogg]

nope.

[CBDellinger]

I thought this was common knowledge?

not until thursday am it wasn't.

they played this one perfectly.

[bleys]

if this is in regards to the players-only practice the team held, they had insurance set in place..

I must have mistaken this for something else then..

[panthers55]

I had heard that this revalation was what accelerated the agreement. the player's premise was that the lockout was hurting the player's irreparably. With the revelation that Smith had secretly gone out and obtained insurance. Something he didn't disclose to the judge when he was claiming how they were wronged and wanting damages for the TV deal the owner's made secretly. Maybe it is me but this seems to be the same situation with the exception that the owner's deal reportedly benefited them to the detriment of the players while insurance doesn't injure the pwner. Still with that kind of money the player's can hardly claim the lockout would damage them at least in the short term. But by all accounts this revelation was the impetus for all the substantial movement in the past day or two.

[TylerVagyler]

$200,000 for the year would still hurt most of those guys

[Guild]

I'm drunk but I'm pretty sure that this was already known and stated by D-Smith very early in the lockout. Actually if I'm not mistaken it was stated that the players would be getting insurance not necessarily that they had it. I just assumed that they got it.

Hmmm that paragraph looks like a conversation with myself haha fug it.

[Cyclonus]

I'm drunk but I'm pretty sure that this was already known and stated by D-Smith very early in the lockout. Actually if I'm not mistaken it was stated that the players would be getting insurance not necessarily that they had it. I just assumed that they got it.

Hmmm that paragraph looks like a conversation with myself haha fug it.

No. That was a different fund that the NFLPA had set aside to pay each player (50,000 I think). This is an insurance policy. Two different funds.

[RHCPanther]

$200,000 for the year would still hurt most of those guys

It's not a retirement fund. It's only insurance for a lost season. The critical factor is that it protects lower tier players from a lost season so they can get by.