Colorado football coach DEION SANDERS Generated the titles of the news last month when he announced that the university had obtained Record insurance coverage For Winner of the Heisman Travis Hunter trophy And the quarter sheman Sanders.
The documents obtained by USA Today Sports have now brought an additional light to the insurance policies purchased by the Colorado before the Buffalo Lost against Byu in the Bol Alamo on December 28, 36-14. The university has expurued the names of the players on the documents, but USA TODAY SPORTS identified them as Hunter and Sheder Sanders on the basis of several factors.
The files show that the school bought $ 1 million in additional permanent total disability insurance (PTD) for the bowl game, in addition to their $ 20 million in PTD coverage for the year that started in August 2024 .
“Add of $ 1 million temporary coverage from December 18, 2024 until December 29, 2024 to cover Valero Alamo Bowl,” email told the Colorado officials of Matthew Vuckovich of the Firm Paradigm Gilbert. “Current coverage now at $ 21,000,000 for both players.”
After the Bowl match, the amount of the coverage dropped to $ 20 million, according to another email. Fortunately, neither Hunter nor Sheder Sanders suffered a serious injury in the match.
Was it a good deal for Travis Hunter and Sheder Sanders?
Additional insurance provides additional peace of mind. But in this case, experts from the insurance industry found it strange to add $ 1 million on permanent disability coverage for a match when they already had $ 20 million in place. The million additional dollars cost school $ 1,030 each in bonuses.
Richard Giller, a renowned lawyer for sports insurance recovery in Los Angeles, examined the documents at the request of USA TODAY SPORTS.
“It doesn’t make much sense,” said Giller of the Greenspoon Marder firm. “I don’t see the reason other than perhaps to say that they had $ 21 million, $ 1 million more than most other policies around?”
Was it really the highest amount?
We do not know what Duion Sanders was referring exactly to December 23, when he said that the players had obtained the “greater number of covers ever covered in university football”.
Colorado sports director Rick George was sitting next to his coach when he made this statement and said: “That’s right.” He said additional coverage was the idea of Sanders.
The former kansas basketball player, Eric Chenowith, founder of The Letyer Disability and Life Insurance Services, said that he was not aware of what Colorado was based on his declarations concerning the “highest” of blanket. But he said he had placed two policies with a total of $ 26 million in two different university football players in 2023.
Colorado refused to develop, citing the laws on confidentiality.
“We maintain what the coach Prime and Rick declared during their press conference at the Alamo Bowl, who was based on information we had at the time,” said the athletics spokesman From Colorado, Steve Hurlbert.
The messages sent to Vuckovich were not returned.
Other news: Colorado football became minor NCAA violations in 2024 under coach Dion Sanders
What did Colorado paid for this cover?
The documents indicate that it cost $ 1,030 each in bonuses for the additional $ 1 million. The documents indicate that the premiums for the remaining $ 20 million on one year cost around $ 166,000 for each through different companies.
Documents also have up to $ 250,000 in critical cyclists for the year if the players have torn their Achllles tendon, among other serious injuries.
Was it worth the risk of injury to play in the Bowl match?
It depends on the point of view. Hunter and SheDer Sanders said that playing in their last university games meant more than them than a calculation of financial risks.
Other best college players have chosen not to play in bowl games because they did not want to risk their financial future by injuring themselves. Tiny Tell USA Today Sports before the Bowl match That “there is absolutely no reason that Hunter has ever played in what is equivalent to a game of meaning devoid of meaning and risks doing it.”
If they had suffered an injury at the end of their career in their last university matches, they would have tried to receive this insurance. But this amount could still be much lower than what they would earn in the NFL of future contracts and approval agreements which accompany their renown of the NFL. Hunter and Sanders are both projected as the best choices in the draft of the NFL in April.
Last year, the first choice of draft, quarter-arre Caleb WilliamsSigned an agreement of four years worth almost $ 40 million.
Follow the Brent -Schrotboer journalist @Schrotenboer. Email: [email protected]
This article originally appeared on USA Today: Travis Hunter’s Bol game’s insurance details have been revealed, interviewed
