if you read texags cart mccry took out the policy to save him from his 4th injury by the wrecking crew
http://sports.espn.go.com/ncf/news/story?id=4356869
What kind of salary does a 3A coach pull, wink wink?Add Texas quarterback Colt McCoy to the list of returning seniors who have taken out a large insurance policy in case of injury.
Brad McCoy, Colt's father, said Sunday that Colt has a policy that would pay between $3 million and $5 million in the event of a career-ending injury.
"The premium is astronomical," said Brad McCoy. "But the payback in the event of a catastrophe puts the monetary value there. We felt it was the prudent thing to do."
Sam Bradford's father, Kent, is an insurance specialist. And because his son is a client, he declined to provide any specifics regarding Sam's policies.
However, Kent Bradford said Sunday: "The odds of a kid getting a career-ending injury is slim. But if it did happen, and you had the chance to insure, chances are you would feel pretty dumb. You're insuring earnings power."
if you read texags cart mccry took out the policy to save him from his 4th injury by the wrecking crew
sounds about right.
texags website is the funniest thing of all time
they all jack each other off about how they might beat baylor and kstate
there are people on there who actually think their 2010 commit list is going to help them in 2009
they also had a 50 page thread on why tech ISNT a rival
rofl
This is normal for all potential pros. This is how colleges can "pay" student athletes and still keep them in school. The insurance policies have a cash value that the athlete can draw against until they're drafted, then they just settle up with that signing bonus money once they go pro.
Lol @ aggies making fun of a player being hurt when Stephen McGee was their QB last year.
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I like this 4cc guy. He is gritty and gutty.
And has high levels of moxie.
LOL
Wrecking crew is extinct and dead, never to return.
Aghey fan makes me laugh.
You don't pay the premium till you get paid in the NFL. Last I heard the insurance was 100k per million. So, if he insured for $5 million then he'll owe whoever insured him 500k once he enters the NFL.
I'm sure they're all sorts of stipulations in this.
Cart McCry is the only player pussy enough to have an insurance policy.
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