01-22-2020, 02:42 PM
(01-21-2020, 12:23 PM)mavsluvr Wrote:(01-21-2020, 09:45 AM)StepBackJay Wrote: So I imagine Parsons would have some insurance somewhere that protects him against a career-ending injury. It may not be his car insurance. If you have followed the Dak contract at all, there were stories earlier in the year that said btwn endorsements and his injury insurance policy, he wasn't in a hurry to get a deal done. The article (don't have the link) went on to say to cash in a career-ending type policy takes a long time battling with the insurance company as you could imagine. I wouldn't be surprised if most professional athletes have this type of insurance, knowing that you could suffer a terrible injury on or off the court/field at any time. If I were to venture a guess, Parsons who is basically already done when his contract runs out, is going cash in such a policy. I could be wrong, maybe this is just squeezing out as much money from the car insurance policy as possible, who knows. I will be interested to see how this turns out.You are suggesting that Parsons set up this accident, then sought to cash in on it?
Lol what the hell. Who is saying that? No of course not. I am saying that it sounds like the lawyer's are embellishing his injuries as every injury lawyer has done since the beginning of time. The guy who hit him won't have any money so it's really about getting as much insurance money as possible. Maybe he has a gold-plated car insurance policy but I would bet he has another insurance policy (just like Dak and I would suspect many other pro athletes) that protects him should he suffer a career-ending injury. Since Parson is already basically done as an NBA player this could be a way for him to cash out. I am willing to bet there's a good chance that Parsons announces some kind of retirement in the wake of this.