Learning more about concussions is fantastic from a preventive standpoint, but as history shows, progress often comes with some headaches.
Rick Westhead offers the latest troubling wrinkle to the issue: insurance companies might just balk at covering players with histories of concussion problems in the future.
Insurance companies specializing in sports say the Penguins and other NHL teams will increasingly have to adopt the risk of million-dollar contracts alone as the number of players sidelined with concussions swells. The prospect threatens to alter the hockey industry.
… If more players continue to be sidelined with concussions, insurers may stop insuring players with brain injuries altogether.
For some of you, insurance is an eyes-glazing-over issue. That’s understandable, but it could come at a brutal cost for teams and/or players. Things could get especially interesting/horrible if this issue would have a big impact on Sidney Crosby’s next contract negotiations since his second deal runs out after the 2012-13 season.
(Then again, perhaps a new CBA will alleviate that problem – if it doesn’t bring about a hockey apocalypse in the process.)
Look, it’s fantastic that the sports world is becoming more educated about concussions – or at least afraid enough to handle these situations with less haste – but there are times when the problems almost feel crippling. It’s wrong to say that ignorance is bliss, but there are some undeniable growing pains that come with increased knowledge, too.
The Avalanche will be throwing a bunch of different looks at us this season.
Having already released specialized “Mile High” jerseys for February’s Stadium Series game, the Avs unveiled new third sweaters on Friday — less than 24 hours after a bitter 5-4 home loss to Minnesota in their season opener.
(Guess Colorado wanted to send out some good vibes after blowing a 4-1 third-period lead.)
While undoubtedly exciting for the organization, the release of these new thirds isn’t taking anybody by surprise. Last month, several websites published leaked images of Colorado’s and Anaheim’s third jerseys, so the design has been in the public eye for several weeks.
The Avs will debut these new thirds on Oct. 24, in a Saturday night tilt against Columbus.
Related: Roy explains why he didn’t call time out
Hey, remember in June when the NHLPA voted to keep the five-percent growth factor in spite of increasing worries about escrow?
Well, here’s why that decision was a significant one, via TSN’s Frank Seravalli:
With early revenue projections in place, the NHL and NHLPA set the escrow withholding rate for players at 16 per cent for the first quarter of the season on Thursday.
That means every player will have 16 per cent of earnings deducted from their paycheque and put aside until after all of this season’s hockey-related revenue is counted to ensure a perfect 50-50 revenue split with owners.
Now, this doesn’t mean that the players will definitely lose 16 percent of their salaries. Typically, they receive refunds when all the accounting is done.
Still, 16 percent is a good-sized chunk to withhold. They won’t be thrilled about it.
Related: To understand escrow, consider Duncan Keith