Baseball Musings
Baseball Musings
February 11, 2008
Deductibles

Peter Gammons writes in regard to the post on the Red Sox getting no insurance on Schilling:

One year contracts are 90 day deductables at 75% of the value of the contract, are very expensive deals...if the Red Sox did insure Schilling, they would have received somewhere around $2.2M back.

Thanks, Peter!


Posted by David Pinto at 03:33 PM | Pitchers | TrackBack (0)
Comments

contract insurance was affordable until around the time that Albert Belle played with the orioles (the last insurance case to actually help a club).

companies like american specilaity underwriters are reluctant to enter into agreements unless the terms are fairly odious to the clubs.

Posted by: rmt at February 11, 2008 06:07 PM
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